Virginia House Bill 2431 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 6 2023 - 50% progression, died in chamber
Action: 2023-02-16 - Failed to report (defeated) in Finance and Appropriations (7-Y 8-N)
Text: Latest bill text (Introduced) [HTML]

Income tax credits; Neighborhood Assistance Act; Education Improvement Scholarships. Makes several amendments to expand the availability of the Neighborhood Assistance Act Tax Credit and Education Improvement Scholarships Tax Credits (EISTC). The bill makes subject to judicial appeal the decisions of the Department of Education and the Department of Social Services regarding the qualification of a scholarship foundation or the awarding of tax credits; currently, such decisions are final. The bill provides that the annual allocation of tax credits among neighborhood organizations shall not rely solely on the amount of credits awarded in the previous year. For the EISTC, the bill allows certified public accountants to receive tax credits for donations of accounting services to scholarship organizations. The bill also authorizes scholarship foundations, which are the sole recipient of funding from the issuance of EISTC, to receive funding for scholastic assistance, defined in the bill as counseling or supportive services. Under current law, scholarship foundations may receive EISTC funding only for the purpose of providing scholarships.

Income tax, state; tax credit for Neighborhood Assistance Act, Education Improvement Scholarships.

Del. James Morefield [R]

2023-02-16 - Senate - Senate: Failed to report (defeated) in Finance and Appropriations (7-Y 8-N) (Y: 7 N: 8 NV: 0 Abs: 0) [FAIL]
2023-02-15 - Senate - Senate: Motion to recommit to committee agreed to (22-Y 18-N) (Y: 22 N: 18 NV: 0 Abs: 0) [PASS]
2023-02-14 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-14 - Senate - Senate: Reported from Finance and Appropriations (11-Y 5-N) (Y: 11 N: 5 NV: 0 Abs: 0) [PASS]
2023-02-07 - House - House: VOTE: Passage (55-Y 44-N) (Y: 55 N: 44 NV: 0 Abs: 1) [PASS]
2023-02-01 - House - House: Reported from Finance (13-Y 9-N) (Y: 13 N: 9 NV: 0 Abs: 0) [PASS]
2023-01-30 - House - House: Subcommittee recommends reporting (6-Y 0-N) (Y: 6 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2023-02-16	Senate	Failed to report (defeated) in Finance and Appropriations (7-Y 8-N)
2023-02-15	Senate	Recommitted to Finance and Appropriations
2023-02-15	Senate	Motion to recommit to committee agreed to (22-Y 18-N)
2023-02-15	Senate	Read third time
2023-02-14	Senate	Constitutional reading dispensed (40-Y 0-N)
2023-02-14	Senate	Reported from Finance and Appropriations (11-Y 5-N)
2023-02-08	Senate	Referred to Committee on Finance and Appropriations
2023-02-08	Senate	Constitutional reading dispensed
2023-02-07	House	VOTE: Passage (55-Y 44-N)
2023-02-07	House	Read third time and passed House (55-Y 44-N)
2023-02-06	House	Read second time and engrossed
2023-02-03	House	Read first time
2023-02-01	House	Reported from Finance (13-Y 9-N)
2023-01-30	House	Subcommittee recommends reporting (6-Y 0-N)
2023-01-25	House	Assigned Finance sub: Subcommittee #3
2023-01-18	House	Referred to Committee on Finance
2023-01-18	House	Presented and ordered printed 23103766D

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.20	(n/a)	See Bill Text
58	1	439.25	(n/a)	See Bill Text
58	1	439.26	(n/a)	See Bill Text
58	1	439.28	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB2431
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2431+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2431F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H1003V0043+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H10V0091+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+HV1588+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+S05V0370+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0457HB2431+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0503HB2431+HB2431
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+S05V0455+HB2431