Virginia Senate Bill 1163 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 18 2021 - 100% progression
Action: 2021-03-18 - Governor: Acts of Assembly Chapter text (CHAP0272)
Text: Latest bill text (Chaptered) [HTML]

Tax credits of agricultural equipment. Establishes for taxable years 2021 through 2025 a refundable individual and corporate income tax credit for 25 percent of expenditures, up to a maximum of $17,500, made for the purchase of conservation tillage and precision agriculture equipment certified by the Virginia Soil and Water Conservation Board as reducing soil compaction or improving precision of pesticide and fertilizer application or injection. The bill expires the existing individual and corporate income tax credits for conservation tillage equipment and purchase of advanced technology pesticide and fertilizer application equipment after taxable year 2020. Under current law, an individual or corporate taxpayer is allowed nonrefundable credits of up to $4,000 for conservation tillage equipment purchases and up to $3,750 for advanced technology pesticide and fertilizer application equipment purchases, which credits may be carried over for five years. Tax credits of agricultural equipment. Establishes for taxable years 2021 through 2025 a refundable individual and corporate income tax credit for 25 percent of expenditures, up to a maximum of $17,500, made for the purchase of conservation tillage and precision agriculture equipment certified by the Virginia Soil and Water Conservation Board as reducing soil compaction or improving precision of pesticide and fertilizer application or injection. The bill expires the existing individual and corporate income tax credits for conservation tillage equipment and purchase of advanced technology pesticide and fertilizer application equipment after taxable year 2020. Under current law, an individual or corporate taxpayer is allowed nonrefundable credits of up to $4,000 for conservation tillage equipment purchases and up to $3,750 for advanced technology pesticide and fertilizer application equipment purchases, which credits may be carried over for five years.

Agricultural equipment; establishes a refundable individual and corporate income tax credit.

Sen. Emmett Hanger [R]

2021-02-19 - Senate - Senate: House amendments agreed to by Senate (38-Y 0-N) (Y: 38 N: 0 NV: 0 Abs: 1) [PASS]
2021-02-18 - House - House: VOTE: Block Vote Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-18 - House - House: VOTE: Block Vote Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-15 - House - House: Reported from Finance with amendment(s) (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-11 - House - House: Subcommittee recommends reporting with amendments (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
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 (38-Y 0-N) (Y: 38 N: 0 NV: 0 Abs: 1) [PASS]
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 amendments (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-03-18		Governor: Acts of Assembly Chapter text (CHAP0272)
2021-03-18		Governor: Approved by Governor-Chapter 272 (effective 7/1/21)
2021-02-26		Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
2021-02-26	Senate	Enrolled Bill Communicated to Governor on February 26, 2021
2021-02-25	House	Signed by Speaker
2021-02-24	Senate	Signed by President
2021-02-24	Senate	Bill text as passed Senate and House (SB1163ER)
2021-02-24	Senate	Enrolled
2021-02-19	Senate	House amendments agreed to by Senate (38-Y 0-N)
2021-02-18	House	VOTE: Block Vote Passage (100-Y 0-N)
2021-02-18	House	Passed House with amendments BLOCK VOTE (100-Y 0-N)
2021-02-18	House	Engrossed by House as amended
2021-02-18	House	Committee amendments agreed to
2021-02-18	House	Read third time
2021-02-17	House	Read second time
2021-02-15	House	Reported from Finance with amendment(s) (22-Y 0-N)
2021-02-11	House	Subcommittee recommends reporting with amendments (10-Y 0-N)
2021-02-09	House	Assigned Finance sub: Subcommittee #2
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 (38-Y 0-N)
2021-02-04	Senate	Printed as engrossed 21102051D-E
2021-02-04	Senate	Engrossed by Senate as amended SB1163E
2021-02-04	Senate	Committee amendments agreed to
2021-02-04	Senate	Reading of amendments waived
2021-02-04	Senate	Read second time
2021-02-03	Senate	Constitutional reading dispensed (39-Y 0-N)
2021-02-03	Senate	Reported from Finance and Appropriations with amendments (16-Y 0-N)
2021-01-08	Senate	Referred to Committee on Finance and Appropriations
2021-01-08	Senate	Prefiled and ordered printed; offered 01/13/21 21102051D

SB1163 (Carry Over) 2021-02-08 - Continued to Special Session 1 in Finance by voice vote

Chapter	Article	Section	Citation Type	Statute Text
58	1	334	(n/a)	See Bill Text
58	1	337	(n/a)	See Bill Text
58	1	432	(n/a)	See Bill Text
58	1	436	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?212+sum+SB1163
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+SB1163+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+SB1163E+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+SB1163ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?212+ful+CHAP0272+hil
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?212+amd+SB1163AS
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/21200103A.pdf
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?212+amd+SB1163AH
Amendment	https://lis.virginia.gov/cgi-bin/legp604.exe?212+amd+SB1163AHE
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?212+oth+SB1163F161+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?212+oth+SB1163FE161+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?212+oth+SB1163FER161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+S05C0165+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+SC0293SB1163+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+SC0304SB1163+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+SC0305SB1163+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+H1002V0002+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+H10V0012+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+HV1671+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+HV1708+SB1163
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?212+vot+SV0187SB1163+SB1163