VA HB742 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text reprinted (CHAP0426)
Text: Latest bill text (Chaptered) [HTML]

Summary

Neighborhood Assistance Program tax credits; eligibility. Creates an exception to the requirement that each affiliate of a neighborhood organization must also meet all program regulations and guidelines as a condition of the neighborhood organization's eligibility for tax credits. Under the bill, the general program requirements for proposals submitted to the Commissioner of Social Services that (i) at least 50 percent of the persons served by each affiliate of the neighborhood organization be low-income persons, (ii) at least 50 percent of the revenues of each affiliate of the neighborhood organization be used to provide services to such persons, (iii) each affiliate also meet the definition of a "neighborhood organization," and (iv) an audit, review, or compilation for each affiliate be furnished will not apply if (a) the neighborhood organization otherwise meets all program requirements and regulations, (b) the neighborhood organization received a fiscal year 2013-2014 allocation of neighborhood assistance tax credits, and (c) no affiliate of the neighborhood organization submits a proposal for or receives an allocation of tax credits for the program year for which the neighborhood organization has submitted its proposal. The exemption from the affiliate requirements is permanent and benefits neighborhood organizations applying for tax credits from the Commissioner of Social Services.

Tracking Information

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Title

Neighborhood Assistance Program; eligibility for tax credits.

Sponsors


Roll Calls

2016-02-29 - House - House: VOTE: ADOPTION (92-Y 6-N) (Y: 95 N: 6 NV: 2 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-18 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-17 - Senate - Senate: Reported from Finance with substitute (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - House - House: VOTE: PASSAGE (89-Y 8-N) (Y: 92 N: 8 NV: 3 Abs: 0) [PASS]
2016-02-01 - House - House: Reported from Finance (18-Y 4-N) (Y: 18 N: 4 NV: 0 Abs: 0) [PASS]
2016-01-27 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2016-03-11 Governor: Acts of Assembly Chapter text reprinted (CHAP0426)
2016-03-11 Governor: Acts of Assembly Chapter text (CHAP0426)
2016-03-11 Governor: Approved by Governor-Chapter 426 (effective 7/1/16)
2016-03-11 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
2016-03-11HouseEnrolled Bill communicated to Governor on 3/11/16
2016-03-04SenateSigned by President
2016-03-01HouseSigned by Speaker
2016-03-01HouseBill text as passed House and Senate (HB742ER)
2016-03-01HouseEnrolled
2016-02-29HouseVOTE: ADOPTION (92-Y 6-N)
2016-02-29HouseSenate substitute agreed to by House 16105602D-S1 (92-Y 6-N)
2016-02-26HousePassed by for the day
2016-02-25HousePlaced on Calendar
2016-02-24SenatePassed Senate with substitute (40-Y 0-N)
2016-02-24SenateEngrossed by Senate - committee substitute HB742S1
2016-02-24SenateCommittee substitute agreed to 16105602D-S1
2016-02-24SenateReading of substitute waived
2016-02-24SenateRead third time
2016-02-23SenatePassed by for the day
2016-02-22SenatePassed by for the day
2016-02-19SenatePassed by for the day
2016-02-19SenateRead third time
2016-02-18SenateConstitutional reading dispensed (40-Y 0-N)
2016-02-17SenateCommittee substitute printed 16105602D-S1
2016-02-17SenateReported from Finance with substitute (13-Y 0-N)
2016-02-05SenateReferred to Committee on Finance
2016-02-05SenateConstitutional reading dispensed
2016-02-04HouseVOTE: PASSAGE (89-Y 8-N)
2016-02-04HouseRead third time and passed House (89-Y 8-N)
2016-02-03HouseRead second time and engrossed
2016-02-02HouseRead first time
2016-02-01HouseReported from Finance (18-Y 4-N)
2016-01-27HouseSubcommittee recommends reporting (8-Y 0-N)
2016-01-15HouseAssigned Finance sub: Subcommittee #1
2016-01-12HouseReferred to Committee on Finance
2016-01-12HousePrefiled and ordered printed; offered 01/13/16 16100076D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.18(n/a)See Bill Text
581439.20(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB742
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB742+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB742S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB742ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+CHAP0426+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H1001V0011+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H10V0041+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV0286+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S05V0164+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0504HB0742+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0586HB0742+HB0742
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1037+HB0742

Bill Comments

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