VA HB960 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0462)
Text: Latest bill text (Chaptered) [HTML]

Summary

Historic rehabilitation tax credit; maximum amount of tax credit. Increases from $5 million to $7.5 million, beginning in taxable year 2025, the maximum amount of the historic rehabilitation tax credit, including amounts carried over from prior taxable years, that may be claimed by a taxpayer in any taxable year.

Tracking Information

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Title

Historic rehabilitation; maximum amount of tax credit.

Sponsors


Roll Calls

2024-03-07 - Senate - Senate: Conference report agreed to by Senate (38-Y 2-N) (Y: 38 N: 2 NV: 0 Abs: 0) [PASS]
2024-03-06 - House - House: VOTE: Adoption (78-Y 19-N) (Y: 78 N: 19 NV: 0 Abs: 3) [PASS]
2024-02-28 - Senate - Senate: Senate insisted on substitute (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-28 - House - House: VOTE: REJECTED (0-Y 98-N) (Y: 0 N: 98 NV: 0 Abs: 2) [FAIL]
2024-02-28 - Senate - Senate: Passed Senate with substitute (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-27 - Senate - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-27 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-13 - House - House: VOTE: Passage (62-Y 37-N) (Y: 62 N: 37 NV: 0 Abs: 1) [PASS]
2024-02-07 - House - House: Reported from Appropriations with amendment(s) (14-Y 8-N) (Y: 14 N: 8 NV: 0 Abs: 0) [PASS]
2024-02-07 - House - House: Subcommittee recommends reporting with amendments (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]
2024-01-31 - House - House: Reported from Finance (13-Y 9-N) (Y: 13 N: 9 NV: 0 Abs: 0) [PASS]
2024-01-29 - House - House: Subcommittee recommends reporting (5-Y 3-N) (Y: 5 N: 3 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-04-04 Governor: Acts of Assembly Chapter text (CHAP0462)
2024-04-04 Governor: Approved by Governor-Chapter 462 (effective 7/1/24)
2024-03-27 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
2024-03-27HouseEnrolled Bill communicated to Governor on March 27, 2024
2024-03-26HouseSigned by Speaker
2024-03-25SenateSigned by President
2024-03-25HouseBill text as passed House and Senate (HB960ER)
2024-03-25HouseEnrolled
2024-03-07SenateConference report agreed to by Senate (38-Y 2-N)
2024-03-06HouseVOTE: Adoption (78-Y 19-N)
2024-03-06HouseConference report agreed to by House (78-Y 19-N)
2024-03-06HouseConference substitute printed 24108726D-H1
2024-03-06 Conference: Amended by conference committee
2024-02-28SenateSenators: Williams Graves, Surovell, Locke
2024-02-28SenateConferees appointed by Senate
2024-02-28HouseDelegates: Lopez, Mundon King, Bloxom
2024-02-28HouseConferees appointed by House
2024-02-28HouseHouse acceded to request
2024-02-28SenateSenate requested conference committee
2024-02-28SenateSenate insisted on substitute (39-Y 0-N)
2024-02-28HouseVOTE: REJECTED (0-Y 98-N)
2024-02-28HouseSenate substitute rejected by House 24108322D-S1 (0-Y 98-N)
2024-02-28SenatePassed Senate with substitute (39-Y 0-N)
2024-02-28SenateEngrossed by Senate - committee substitute HB960S1
2024-02-28SenateCommittee substitute agreed to 24108322D-S1
2024-02-28SenateReading of substitute waived
2024-02-28SenateRead third time
2024-02-27SenateReported from Finance and Appropriations with substitute (15-Y 0-N)
2024-02-27SenateConstitutional reading dispensed (39-Y 0-N)
2024-02-27SenateCommittee substitute printed 24108322D-S1
2024-02-14SenateReferred to Committee on Finance and Appropriations
2024-02-14SenateConstitutional reading dispensed
2024-02-13HouseVOTE: Passage (62-Y 37-N)
2024-02-13HouseRead third time and passed House (62-Y 37-N)
2024-02-12HousePrinted as engrossed 24101549D-E
2024-02-12HouseEngrossed by House as amended HB960E
2024-02-12HouseCommittee amendments agreed to
2024-02-12HouseRead second time
2024-02-09HouseRead first time
2024-02-07HouseReported from Appropriations with amendment(s) (14-Y 8-N)
2024-02-07HouseSubcommittee recommends reporting with amendments (7-Y 1-N)
2024-02-06HouseAssigned App. sub: Commerce Agriculture & Natural Resources
2024-01-31HouseReferred to Committee on Appropriations
2024-01-31HouseReported from Finance (13-Y 9-N)
2024-01-29HouseSubcommittee recommends referring to Committee on Appropriations
2024-01-29HouseSubcommittee recommends reporting (5-Y 3-N)
2024-01-25HouseAssigned Finance sub: Subcommittee #1
2024-01-09HouseReferred to Committee on Finance
2024-01-09HousePrefiled and ordered printed; offered 01/10/24 24101549D

Same As/Similar To

SB556 (Similar To) 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0512)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581339.2(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB960
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB960+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB960E+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB960S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB960H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB960ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0462+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/24107283A.pdf
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+amd+HB960AH
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+amd+HB960AC
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB960F161+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB960FE161+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1001V0006+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H10V0019+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H0201V0027+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H02V0140+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV0702+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0698HB0960+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S05V0412+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0727HB0960+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV1327+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0784HB0960+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV1611+HB0960
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV1094HB0960+HB0960

Bill Comments

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