VA SB1540 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2017 - 25% progression, died in chamber
Action: 2017-01-31 - Passed by indefinitely in Finance (16-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Certain tax credits; aggregate caps. Reduces the total aggregate caps of the historic rehabilitation tax credit, the research and development expenses tax credit, the major research and development expenses tax credit, and the land preservation tax credit over a period of 10 years, so that no credits are available for any of the credits beginning in 2027.

Tracking Information

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Title

Tax credits, certain; aggregate caps.

Sponsors


Roll Calls

2017-01-31 - Senate - Senate: Passed by indefinitely in Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-01-31SenatePassed by indefinitely in Finance (16-Y 0-N)
2017-01-20SenateReferred to Committee on Finance
2017-01-20SenatePresented and ordered printed 17103686D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581339.2(n/a)See Bill Text
581439.12:08(n/a)See Bill Text
581439.12:11(n/a)See Bill Text
581512(n/a)See Bill Text

Virginia State Sources


Bill Comments

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