VA SB200 | 2016 | Regular Session
Status
Sponsorship: Bipartisan Bill
Status: Introduced on January 4 2016 - 25% progression, died in chamber
Action: 2016-02-09 - Incorporates SB749
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on January 4 2016 - 25% progression, died in chamber
Action: 2016-02-09 - Incorporates SB749
Text: Latest bill text (Comm Sub) [HTML]
Summary
Qualified equity and subordinated debt investments tax credit. Raises the cap on the total amount of credits that may be issued under the qualified equity and subordinated debt investment tax credit from $5 million to $9 million for calendar years beginning on and after January 1, 2016. The bill also raises the cap on the maximum amount of credits available to each taxpayer from $50,000 to $100,000 for taxable years beginning on and after January 1, 2016.
Title
Qualified equity and subordinated debt investments; raises cap on total amount of credits.
Sponsors
Roll Calls
2016-02-09 - Senate - Senate: Continued to 2017 in Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-09 | Senate | Incorporates SB749 |
| 2016-02-09 | Senate | Continued to 2017 in Finance (15-Y 0-N) |
| 2016-02-09 | Senate | Committee substitute printed to Web only 16105367D-S1 |
| 2016-01-04 | Senate | Referred to Committee on Finance |
| 2016-01-04 | Senate | Prefiled and ordered printed; offered 01/13/16 16101911D |
Same As/Similar To
SB749 (Similar To) 2016-02-09 - Incorporated by Finance
