Virginia House Bill 1916 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 8-0)
Status: Engrossed on January 22 2021 - 50% progression, died in chamber
Action: 2021-02-05 - Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]

Research and development tax credits. Provides that the research and development expenses tax credit and the major research and development expenses tax credit shall be available against the bank franchise tax for taxable years beginning on and after January 1, 2021. Under current law, the credits are available only against the individual and corporate income tax. Research and development tax credits. Provides that the research and development expenses tax credit and the major research and development expenses tax credit shall be available against the bank franchise tax for taxable years beginning on and after January 1, 2021. Under current law, the credits are available only against the individual and corporate income tax.

Research and development tax credits.

Del. Martha Mugler [D]	Del. Hala Ayala [D]	Del. Mark Keam [D]	Del. Kathleen Murphy [D]
Del. Elizabeth Guzman [D]	Del. Patrick Hope [D]	Del. Don Scott [D]	Del. Marcus Simon [D]

2021-02-05 - Senate - Senate: Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-25 - House - House: VOTE: Block Vote Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-19 - House - House: Subcommittee recommends reporting (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-02-05	Senate	Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)
2021-01-26	Senate	Referred to Committee on Finance and Appropriations
2021-01-26	Senate	Constitutional reading dispensed
2021-01-25	House	VOTE: Block Vote Passage (100-Y 0-N)
2021-01-25	House	Read third time and passed House BLOCK VOTE (100-Y 0-N)
2021-01-22	House	Read second time and engrossed
2021-01-21	House	Read first time
2021-01-20	House	Reported from Finance (22-Y 0-N)
2021-01-19	House	Subcommittee recommends reporting (11-Y 0-N)
2021-01-16	House	Assigned Finance sub: Subcommittee #2
2021-01-10	House	Referred to Committee on Finance
2021-01-10	House	Prefiled and ordered printed; offered 01/13/21 21101909D

HB1916 (Carry Over) 2021-02-05 - Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.12:08	(n/a)	See Bill Text
58	1	439.12:11	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?211+sum+HB1916
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?211+ful+HB1916+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?211+oth+HB1916F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+H1002V0001+HB1916
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+HV1027+HB1916
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?211+vot+S05V0176+HB1916