Virginia Senate Bill 401 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2008 - 25% progression, died in chamber
Action: 2008-01-30 - Senate: Incorporated by Finance (SB286-Wampler) (16-Y 0-N)

Income tax exemption for launch services and payload. Grants an income tax exemption for income resulting from the sale of launch services to space flight participants or launch services intended to provide individuals the training or experience of a launch, without performing an actual launch. The bill also grants an income tax exemption for any gain recognized as a result of resupply services contracts for delivering payload entered into with the Commercial Orbital Transportation Services division of the National Aeronautics and Space Administration or other space flight entity. This bill is incorporated into

Income tax exemption for launch services and payload.

Sen. Phillip Puckett [D]

Date	Chamber	Action
2008-01-30		Senate: Incorporated by Finance (SB286-Wampler) (16-Y 0-N)
2008-01-08		Senate: Referred to Committee on Finance
2008-01-08		Senate: Prefiled and ordered printed; offered 01/09/08 087876300

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB401