Retail Sales and Use Tax; exemption for oil and gas drilling equipment, extends sunset provision. (HB2334)

Introduced By

Del. Will Morefield (R-North Tazewell)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Sales and use tax; exemption for oil and gas drilling equipment. Extends from July 1, 2022, to July 1, 2024, the sunset date of the sales and use tax exemption for materials and equipment used in the drilling, extraction, or processing of natural gas or oil and the reclamation of a well area. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2023Committee
01/12/2023Presented and ordered printed 23103767D
01/12/2023Referred to Committee on Finance
01/19/2023Assigned Finance sub: Subcommittee #3
01/19/2023Impact statement from TAX (HB2334)
01/20/2023Subcommittee recommends reporting (6-Y 1-N)
01/25/2023Reported from Finance (18-Y 4-N) (see vote tally)
01/27/2023Read first time
01/30/2023Read second time and engrossed
01/31/2023Read third time and passed House (73-Y 26-N)
01/31/2023VOTE: Passage (73-Y 26-N) (see vote tally)
02/01/2023Constitutional reading dispensed
02/01/2023Referred to Committee on Finance and Appropriations
02/08/2023Reported from Finance and Appropriations (9-Y 7-N) (see vote tally)
02/09/2023Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/10/2023Read third time
02/10/2023Passed by for the day
02/13/2023Read third time
02/13/2023Passed Senate (28-Y 12-N) (see vote tally)
02/16/2023Enrolled
02/16/2023Bill text as passed House and Senate (HB2334ER)
02/16/2023Impact statement from TAX (HB2334ER)
02/16/2023Signed by Speaker
02/16/2023Signed by President
03/02/2023Enrolled Bill communicated to Governor on March 2, 2023
03/02/2023G Governor's Action Deadline 11:59 p.m., March 27, 2023
03/21/2023G Approved by Governor-Chapter 144 (effective 7/1/23)
03/21/2023G Acts of Assembly Chapter text (CHAP0144)