Bill Text: VA SB1432 | 2015 | Regular Session | Introduced
Bill Title: Income tax, corporate; commercial spaceflight entities.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-01-27 - Incorporated by Finance [SB1432 Detail]
Download: Virginia-2015-SB1432-Introduced.html
15103707D 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 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. |