Bill Text: VA SB1070 | 2015 | Regular Session | Prefiled
Bill Title: Virginia Commercial Space Flight Authority; dedicated revenues.
Spectrum: Bipartisan Bill
Status: (Passed) 2015-03-17 - Governor: Acts of Assembly Chapter text (CHAP0260) [SB1070 Detail]
Download: Virginia-2015-SB1070-Prefiled.html
15102130D Be it enacted by the General Assembly of Virginia: 1. That §58.1-423 of the Code of Virginia is amended and reenacted as follows: §58.1-423. Income tax paid by commercial spaceflight entities. A. Beginning July 1, 2011, and for fiscal years 2012, 2013, 2014, B. For purposes of this section, a qualified corporation or limited liability company is a corporation or limited liability company that engages in commercial human spaceflights or commercial spaceflight training. |