Virginia House Bill 1636 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Intangible personal property tax; machinery and tools. Classifies as intangible personal property, and therefore subject solely to state taxation, (i) machinery and tools purchased on or after July 1, 2011, for the first three years following the date of purchase and (ii) machinery and tools used for business purposes, for the first three years after being brought into the Commonwealth for the first time. The bill also classifies as intangible personal property, and therefore subject solely to state taxation, machinery and tools that have been in use for at least 10 years and are located in any county, city, or town in which the assessed value of the machinery and tools is greater than one percent of the original cost.

Intangible personal property tax; classification of certain machinery and tools.

Del. Mark Cole [R]

Del. Harry Purkey [R]

2011-02-02 - House - House: Reported from Finance with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2011-02-01 - House - House: Subcommittee recommends reporting with amendment(s) (6-Y 0-N) (Y: 6 N: 0 NV: 4 Abs: 0) [PASS]

Date	Chamber	Action
2011-02-08		House: Left in Appropriations
2011-02-02		House: Referred to Committee on Appropriations
2011-02-02		House: Committee substitute printed 11104274D-H1
2011-02-02		House: Reported from Finance with substitute (21-Y 0-N)
2011-02-01		House: Subcommittee recommends reporting with amendment(s) (6-Y 0-N)
2011-01-17		House: Assigned Finance sub: #2
2011-01-10		House: Referred to Committee on Finance
2011-01-10		House: Prefiled and ordered printed; offered 01/12/11 11101580D

Chapter	Article	Section	Citation Type	Statute Text
58	1	1101	(n/a)	See Bill Text
58	1	3507	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB1636
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB1636+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB1636H1+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+H1002V0061+HB1636
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+H10V0091+HB1636