VA HB2431 | 2023 | Regular Session
Status
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]
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]
Summary
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.
Title
Income tax, state; tax credit for Neighborhood Assistance Act, Education Improvement Scholarships.
Sponsors
Roll Calls
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]
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]
History
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 |
Subjects
Code Citations
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 |