VA SB657 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 9 2010 - 50% progression, died in committee
Action: 2010-12-02 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Income tax; corporate; renewable energy products tax credit. Provides an income tax credit for the manufacture of renewable energy products in Virginia by a facility that begins production of such products no later than January 1, 2012. The credit would equal three percent of the total sales price of such renewable energy products that are exported. The aggregate amount of credit for each fiscal year would not exceed $6 million.

Tracking Information

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Title

Income tax, corporate; renewable energy products tax credit.

Sponsors


Roll Calls

2010-02-10 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-04 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-03 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-12-02 House: Left in Appropriations
2010-03-01 House: Continued to 2011 in Appropriations by voice vote
2010-02-26 House: Subcommittee recommends continuing to 2011 by voice vote
2010-02-23 House: Assigned App. sub: Economic Development, Agriculture and Natural Resources
2010-02-17 House: Referred to Committee on Appropriations
2010-02-17 House: Read first time
2010-02-17 House: Placed on Calendar
2010-02-10 Senate: Read third time and passed Senate (40-Y 0-N)
2010-02-09 Senate: Printed as engrossed 10105025D-ES1
2010-02-09 Senate: Engrossed by Senate - committee substitute with amendment SB657ES1
2010-02-09 Senate: Amendment by Senator Ruff agreed to
2010-02-09 Senate: Reading of amendment waived
2010-02-09 Senate: Committee substitute agreed to 10105025D-S1
2010-02-09 Senate: Reading of substitute waived
2010-02-09 Senate: Read second time
2010-02-08 Senate: Passed by for the day
2010-02-08 Senate: Read second time
2010-02-04 Senate: Constitutional reading dispensed (40-Y 0-N)
2010-02-03 Senate: Reported from Finance with substitute (15-Y 0-N)
2010-02-03 Senate: Committee substitute printed 10105025D-S1
2010-01-20 Senate: Referred to Committee on Finance
2010-01-20 Senate: Presented and ordered printed 10104137D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.12:0(n/a)See Bill Text

Virginia State Sources


Bill Comments

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