VA HB119 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on February 26 2018 - 100% progression
Action: 2018-02-26 - Governor: Acts of Assembly Chapter text (CHAP0023)
Text: Latest bill text (Chaptered) [HTML]

Summary

Merchants' capital tax; classification. Creates a separate class for merchants' capital of any wholesaler reported as inventory that is located, and is normally located, in a structure that contains at least 100,000 square feet, with at least 100,000 square feet used solely to store such inventory. Any locality may impose a tax rate on such inventory that is lower than that applicable generally to merchants' capital.

Tracking Information

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Title

Merchants' capital tax; classification.

Sponsors


Roll Calls

2018-02-16 - Senate - Senate: Passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2018-02-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-14 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-02 - House - House: VOTE: PASSAGE (94-Y 3-N) (Y: 94 N: 3 NV: 3 Abs: 0) [PASS]
2018-01-29 - House - House: Reported from Finance (21-Y 1-N) (Y: 21 N: 1 NV: 0 Abs: 0) [PASS]
2018-01-29 - House - House: Reported from Finance (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-24 - House - House: Subcommittee recommends reporting (9-Y 1-N) (Y: 9 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-02-26 Governor: Acts of Assembly Chapter text (CHAP0023)
2018-02-26 Governor: Approved by Governor-Chapter 23 (effective 7/1/18)
2018-02-22 Governor: Governor's Action Deadline Midnight, March 1, 2018
2018-02-22HouseEnrolled Bill communicated to Governor on 2/22/18
2018-02-21SenateSigned by President
2018-02-19HouseSigned by Speaker
2018-02-19HouseBill text as passed House and Senate (HB119ER)
2018-02-19HouseEnrolled
2018-02-16SenatePassed Senate (38-Y 0-N)
2018-02-16SenateRead third time
2018-02-15SenateConstitutional reading dispensed (40-Y 0-N)
2018-02-14SenateReported from Finance (15-Y 0-N)
2018-02-05SenateReferred to Committee on Finance
2018-02-05SenateConstitutional reading dispensed
2018-02-02HouseVOTE: PASSAGE (94-Y 3-N)
2018-02-02HouseRead third time and passed House (94-Y 3-N)
2018-02-01HouseRead second time and engrossed
2018-01-31HouseRead first time
2018-01-29HouseReported from Finance (21-Y 1-N)
2018-01-24HouseSubcommittee recommends reporting (9-Y 1-N)
2018-01-23HouseAssigned Finance sub: Subcommittee #1
2017-12-15HouseReferred to Committee on Finance
2017-12-15HousePrefiled and ordered printed; offered 01/10/18 18101758D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813510.02(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB119
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB119+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB119ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+CHAP0023+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H1001V0008+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H10V0015+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H10V0027+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+HV0295+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+S05V0259+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0533HB0119+HB0119
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0538HB0119+HB0119

Bill Comments

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