Tangible personal property tax; classes of property, satellites. (HB724)

Introduced By

Del. David Reid (D-Loudoun)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Tangible personal property tax; classes of property; satellites. Extends the sunset date for the classification of tangible personal property used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement District as a separate class of property from June 30, 2019, to June 30, 2029. This bill is identical to SB 273. Read the Bill »


Bill Has Passed


01/06/2020Prefiled and ordered printed; offered 01/08/20 20102814D
01/06/2020Referred to Committee on Finance
01/12/2020Impact statement from TAX (HB724)
01/16/2020Assigned Finance sub: Subcommittee #2
01/20/2020Subcommittee recommends reporting with amendment (8-Y 0-N)
01/22/2020House committee, floor amendments and substitutes offered
01/22/2020Reported from Finance with amendment (22-Y 0-N) (see vote tally)
01/24/2020Read first time
01/27/2020Read second time
01/27/2020Committee amendment agreed to
01/27/2020Engrossed by House as amended HB724E
01/27/2020Printed as engrossed 20102814D-E
01/28/2020Read third time and passed House BLOCK VOTE (97-Y 0-N)
01/28/2020VOTE: (97-Y 0-N) (see vote tally)
01/29/2020Constitutional reading dispensed
01/29/2020Referred to Committee on Finance and Appropriations
02/11/2020Impact statement from TAX (HB724E)
02/18/2020Reported from Finance and Appropriations (11-Y 0-N) (see vote tally)
02/19/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/20/2020Read third time
02/20/2020Passed Senate (40-Y 0-N) (see vote tally)
02/25/2020Bill text as passed House and Senate (HB724ER)
02/25/2020Signed by Speaker
02/26/2020Signed by President
02/27/2020Impact statement from TAX (HB724ER)
03/03/2020G Governor's Action Deadline 11:59 p.m., April 6, 2020
03/03/2020Enrolled Bill communicated to Governor on March 3, 2020
03/03/2020G Governor's Action Deadline 11:59 p.m., March 10, 2020
03/10/2020G Approved by Governor-Chapter 247 (effective 1/1/19)
03/10/2020G Approved by Governor-Chapter 247 (effective 7/1/20)
03/10/2020G Acts of Assembly Chapter text (CHAP0247)