VA SB 1158

Author

Lionel Spruill
General Assembly Building, Room 702
Richmond, VA 23219
804- 698-107
DelLSpruill@house.virginia.gov
Author Detail Link
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Bill Text

Category

Tax Credit

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State

VA

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Summary

Extends sunset for international trade facility tax credit and barge and rail usage tax credit.

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Issue

Extends the sunset for the international trade facility tax credit, the barge and rail usage tax credit, and the port volume increase tax credit from taxable years before January 1, 2022, to taxable years before January 1, 2025.

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Notes

Effective 7/1/2021.

History

01/07/2021 Referred to Senate Committee on Finance and Appropriations.
01/20/2021 Reported from Senate Committee on Finance and Appropriations. Constitutional reading dispensed.
01/22/2021 Read second time in Senate and engrossed.
01/25/2021 Read third time and passed Senate.
02/02/2021 Placed on House Calendar.
02/02/2021 Read first time in House.
02/02/2021 Referred to House Committee on Finance.
02/08/2021 Continued to Special Session 1 in House Committee on Finance.
02/09/2021 Assigned Finance sub: Subcommittee #2.
02/11/2021 House Subcommittee recommends reporting bill to House.
02/15/2021 Reported from House Committee on Finance.
02/17/2021 Read second time in House.
02/18/2021 Read third time in House.
02/18/2021 Passed House.
02/22/2021 Enrolled as passed by Senate and House. Signed by President of the Senate.
02/24/2021 Signed by Speaker of the House.
02/25/2021 Enrolled bill communicated to Governor.
03/25/2021 Approved by Governor.