VA SB1146 | 2021 | Regular Session
Note: Carry Foward to future SB1146
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on February 4 2021 - 50% progression, died in chamber
Action: 2021-02-08 - Continued to Special Session 1 in Finance by voice vote
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on February 4 2021 - 50% progression, died in chamber
Action: 2021-02-08 - Continued to Special Session 1 in Finance by voice vote
Text: Latest bill text (Engrossed) [HTML]
Summary
Conformity of the Commonwealth's taxation system with the Conformity of the Commonwealth's taxation system with the Internal Revenue Code; emergency. Advances Virginia's date of conformity with the Internal Revenue Code from December 31, 2019, to December 31, 2020. The bill adds exceptions to such conformity for suspension of the overall limitation on itemized deductions and the reduction in the medical expense deduction floor for taxable year 2017 and taxable years on and after January 1, 2019, and for the provisions of the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) related to the net operating loss limitation and carryback, a loss limitation applicable to taxpayers other than corporations, and the limitation on business interest. The bill contains an emergency clause.
Title
Income tax, state; conformity with the Internal Revenue Code.
Sponsors
Roll Calls
2021-02-04 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-04 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-04 - Senate - Senate: Amendments by Senator McDougle rejected (17-Y 22-N) (Y: 17 N: 22 NV: 0 Abs: 0) [FAIL]
2021-02-03 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-03 - Senate - Senate: Reported from Finance and Appropriations with substitute (10-Y 4-N 1-A) (Y: 10 N: 4 NV: 1 Abs: 0) [PASS]
2021-02-04 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-04 - Senate - Senate: Amendments by Senator McDougle rejected (17-Y 22-N) (Y: 17 N: 22 NV: 0 Abs: 0) [FAIL]
2021-02-03 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-03 - Senate - Senate: Reported from Finance and Appropriations with substitute (10-Y 4-N 1-A) (Y: 10 N: 4 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-08 | House | Continued to Special Session 1 in Finance by voice vote |
| 2021-02-07 | House | Referred to Committee on Finance |
| 2021-02-07 | House | Read first time |
| 2021-02-07 | House | Placed on Calendar |
| 2021-02-04 | Senate | Passed Senate (39-Y 0-N) |
| 2021-02-04 | Senate | Constitutional reading dispensed (39-Y 0-N) |
| 2021-02-04 | Senate | Printed as engrossed 21103832D-ES1 |
| 2021-02-04 | Senate | Engrossed by Senate - committee substitute with amendments SB1146ES1 |
| 2021-02-04 | Senate | Amendments by Senator Newman agreed to |
| 2021-02-04 | Senate | Reading of amendments waived |
| 2021-02-04 | Senate | Amendments by Senator McDougle rejected (17-Y 22-N) |
| 2021-02-04 | Senate | Reading of amendments waived |
| 2021-02-04 | Senate | Committee substitute agreed to 21103832D-S1 |
| 2021-02-04 | Senate | Reading of substitute waived |
| 2021-02-04 | Senate | Read second time |
| 2021-02-03 | Senate | Constitutional reading dispensed (39-Y 0-N) |
| 2021-02-03 | Senate | Incorporates SB1394 (Petersen) |
| 2021-02-03 | Senate | Committee substitute printed 21103832D-S1 |
| 2021-02-03 | Senate | Reported from Finance and Appropriations with substitute (10-Y 4-N 1-A) |
| 2021-01-05 | Senate | Referred to Committee on Finance and Appropriations |
| 2021-01-05 | Senate | Prefiled and ordered printed with emergency clause; offered 01/13/21 21102155D |
Same As/Similar To
SB1146 (Carry Over) 2021-02-08 - Continued to Special Session 1 in Finance by voice vote
