VA SB962 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2020 - 25% progression
Action: 2020-02-05 - Stricken at request of Patron in Finance and Appropriations (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Income and receipts taxes on public service corporations; authorizing localities to assess and tax real and personal property of public service corporations. Repeals existing state and local gross receipts, revenue, and alternative minimum taxes that currently apply to public service corporations. The bill eliminates the authority of the State Corporation Commission to assess the tax value of real and personal property of public service corporations and eliminates the authority of the Department of Taxation to assess the tax value of real and personal property of railroads and pipeline transmission companies. However, the Department of Taxation would retain such authority with respect to rolling stock.

Tracking Information

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Title

Income and receipts taxes on public service corporations; authorizing localities.

Sponsors


Roll Calls

2020-02-05 - Senate - Senate: Stricken at request of Patron in Finance and Appropriations (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-05SenateStricken at request of Patron in Finance and Appropriations (14-Y 0-N)
2020-01-14SenateReferred to Committee on Finance and Appropriations
2020-01-14SenatePresented and ordered printed 20104366D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1525423(n/a)See Bill Text
5812035(n/a)See Bill Text
5812600(n/a)See Bill Text
5812601(n/a)See Bill Text
5812604(n/a)See Bill Text
5812606(n/a)See Bill Text
5812609(n/a)See Bill Text
5812620(n/a)See Bill Text
5812635(n/a)See Bill Text
5812655(n/a)See Bill Text
5812656(n/a)See Bill Text
5812657(n/a)See Bill Text
5812660(n/a)See Bill Text
5812665(n/a)See Bill Text
5812670.1(n/a)See Bill Text
5812674.1(n/a)See Bill Text
5812680(n/a)See Bill Text
5812683(n/a)See Bill Text
5812690(n/a)See Bill Text
5812900(n/a)See Bill Text
5812901(n/a)See Bill Text
5812902(n/a)See Bill Text
5812904(n/a)See Bill Text
5812905(n/a)See Bill Text
5813201(n/a)See Bill Text
5813203(n/a)See Bill Text
5813321(n/a)See Bill Text
5813378(n/a)See Bill Text
581339.2(n/a)See Bill Text
5813500(n/a)See Bill Text
5813702(n/a)See Bill Text
5813703(n/a)See Bill Text
5813703.1(n/a)See Bill Text
5813706(n/a)See Bill Text
5813708(n/a)See Bill Text
5813731(n/a)See Bill Text
5813814(n/a)See Bill Text
581400.1(n/a)See Bill Text
581400.2(n/a)See Bill Text
581400.3(n/a)See Bill Text
581401(n/a)See Bill Text
581402(n/a)See Bill Text
581403(n/a)See Bill Text
581433.1(n/a)See Bill Text
581439(n/a)See Bill Text
581439.12:09(n/a)See Bill Text
581439.18(n/a)See Bill Text
581439.21(n/a)See Bill Text
581439.26(n/a)See Bill Text
581439.6(n/a)See Bill Text
581439.6:1(n/a)See Bill Text
581440.1(n/a)See Bill Text
581504(n/a)See Bill Text
591280(n/a)See Bill Text
591280.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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