Virginia Senate Bill 1205 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 10 2015 - 100% progression
Action: 2015-03-10 - Governor: Acts of Assembly Chapter text (CHAP0094)
Text: Latest bill text (Chaptered) [HTML]

Recyclable materials tax credit. Changes the recyclable materials tax credit by (i) extending the expiration date of the credit by five years to January 1, 2020, (ii) increasing the credit allowed from 10 to 20 percent of the purchase price of qualifying machinery and equipment, (iii) prohibiting denial of the credit based solely on another person's use of tangible personal property produced by the credit applicant from recyclable materials, (iv) clarifying that no credit will be allowed for machinery and equipment that does not manufacture, process, compound, or produce items of tangible personal property from recyclable materials, and (v) establishing an annual cap of $2 million in recyclable materials tax credits that may be issued by the Department of Taxation. The provisions of the bill are effective for taxable years beginning on or after January 1, 2015.

Recyclable materials; changes tax credit by extending expiration date to January 1, 2020.

Sen. Frank Wagner [R]

2015-02-13 - House - House: VOTE: PASSAGE (94-Y 2-N) (Y: 96 N: 2 NV: 4 Abs: 0) [PASS]
2015-02-11 - House - House: Reported from Finance (20-Y 1-N) (Y: 20 N: 1 NV: 1 Abs: 0) [PASS]
2015-02-02 - Senate - Senate: Passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2015-02-02 - Senate - Senate: Reconsideration of passage agreed to by Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-02-02 - Senate - Senate: Read third time and passed Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2015-01-29 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2015-01-28 - Senate - Senate: Reported from Finance with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2015-03-10		Governor: Acts of Assembly Chapter text (CHAP0094)
2015-03-10		Governor: Approved by Governor-Chapter 94 (effective 1/1/15)
2015-02-23		Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
2015-02-23	Senate	Enrolled Bill Communicated to Governor on 2/23/15
2015-02-20	Senate	Signed by President
2015-02-17	House	Signed by Speaker
2015-02-17	Senate	Bill text as passed Senate and House (SB1205ER)
2015-02-17	Senate	Enrolled
2015-02-13	House	VOTE: PASSAGE (94-Y 2-N)
2015-02-13	House	Passed House (94-Y 2-N)
2015-02-13	House	Read third time
2015-02-12	House	Read second time
2015-02-11	House	Reported from Finance (20-Y 1-N)
2015-02-06	House	Referred to Committee on Finance
2015-02-06	House	Read first time
2015-02-06	House	Placed on Calendar
2015-02-02	Senate	Passed Senate (38-Y 0-N)
2015-02-02	Senate	Reconsideration of passage agreed to by Senate (37-Y 0-N)
2015-02-02	Senate	Read third time and passed Senate (37-Y 0-N)
2015-01-30	Senate	Engrossed by Senate - committee substitute SB1205S1
2015-01-30	Senate	Committee substitute agreed to 15104123D-S1
2015-01-30	Senate	Reading of substitute waived
2015-01-30	Senate	Read second time
2015-01-29	Senate	Constitutional reading dispensed (39-Y 0-N)
2015-01-28	Senate	Committee substitute printed 15104123D-S1
2015-01-28	Senate	Reported from Finance with substitute (14-Y 0-N)
2015-01-13	Senate	Referred to Committee on Finance
2015-01-13	Senate	Prefiled and ordered printed; offered 01/14/15 15101974D

HB1554 (Same As) 2015-03-10 - Governor: Acts of Assembly Chapter text (CHAP0049)

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.7	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+SB1205
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1205+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1205S1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB1205ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+CHAP0094+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S05V0096+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0160SB1205+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0182SB1205+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0184SB1205+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+SV0185SB1205+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+H10V0121+SB1205
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+HV2316+SB1205