VA HB798 | 2018 | Regular Session

Virginia House Bill 798 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 9 2018 - 100% progression
Action: 2018-04-09 - Governor: Acts of Assembly Chapter text (CHAP0807)
Text: Latest bill text (Chaptered) [HTML]

Summary

Income tax; apportionment of sales for debt buyers. Requires debt buyers, defined in the bill, to apportion their income from the collection of debt to Virginia based on a single sales factor starting with taxable year 2019. Generally, under current law, a taxpayer apportions its income to Virginia based on the ratio of its property, payroll, and sales in Virginia to the same factors in all other states.

Title

Income tax, state; apportionment of sales for debt buyers.

Roll Calls

2018-02-28 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-28 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-27 - Senate - Senate: Reported from Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-13 - House - House: VOTE: PASSAGE (95-Y 5-N) (Y: 95 N: 5 NV: 0 Abs: 0) [PASS]
2018-02-07 - House - House: Reported from Finance (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2018-02-07 - House - House: Reported from Finance (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2018-01-31 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 1 Abs: 0) [PASS]

History

Date	Chamber	Action
2018-04-09		Governor: Acts of Assembly Chapter text (CHAP0807)
2018-04-09		Governor: Approved by Governor-Chapter 807 (effective 7/1/18)
2018-03-07		Governor: Governor's Action Deadline Midnight, April 9, 2018
2018-03-07	House	Enrolled Bill communicated to Governor on March 7, 2018
2018-03-03	Senate	Signed by President
2018-03-01	House	Signed by Speaker
2018-03-01	House	Bill text as passed House and Senate (HB798ER)
2018-03-01	House	Enrolled
2018-02-28	Senate	Passed Senate (40-Y 0-N)
2018-02-28	Senate	Read third time
2018-02-28	Senate	Constitutional reading dispensed (40-Y 0-N)
2018-02-27	Senate	Reported from Finance (16-Y 0-N)
2018-02-14	Senate	Referred to Committee on Finance
2018-02-14	Senate	Constitutional reading dispensed
2018-02-13	House	VOTE: PASSAGE (95-Y 5-N)
2018-02-13	House	Read third time and passed House (95-Y 5-N)
2018-02-12	House	Read second time and engrossed
2018-02-09	House	Read first time
2018-02-07	House	Reported from Finance (21-Y 0-N)
2018-01-31	House	Subcommittee recommends reporting (8-Y 0-N)
2018-01-30	House	Assigned Finance sub: Subcommittee #2
2018-01-09	House	Referred to Committee on Finance
2018-01-09	House	Prefiled and ordered printed; offered 01/10/18 18102177D

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	408	(n/a)	See Bill Text
58	1	416	(n/a)	See Bill Text
58	1	422.3	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB798
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB798+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB798ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+CHAP0807+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H1002V0012+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H10V0050+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H10V0074+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+HV0765+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+S05V0335+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0749HB0798+HB0798
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0752HB0798+HB0798