Major business facility job tax credit; extends sunset date.
Summary
Extends the sunset date of the major business facility job tax credit from January 1, 2020, to July 1, 2022. The bill also requires the Department of Taxation, for taxable years beginning on and after January 1, 2019, to publish the following information about companies that are using the credit: (i) locations of sites used for major business facilities for which a credit was claimed, (ii) North American Industry Classification System codes used for the major business facilities for which a credit was claimed, (iii) number of qualified full time employees for whom a credit was claimed, and (iv) total cost to the Commonwealth's general fund of the credits claimed.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2019
Committee Review
Feb 2019
House of Delegates Passage
Jan 2019
Senate Passage
Feb 2019
Signed into Law
Mar 2019
Introduced Jan 7, 2019
Signed Mar 21, 2019
Floor votes · Senate Feb 14, 2019 · House of Delegates Jan 21, 2019
How they voted
40–0
Passed
Total votes 40
Feb 14, 2019
D
Democratic19
100% Yea
R
Republican21
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
25
Key actions
7
Committee
6
Amendments
1
Mar 21, 2019
Signed into law
Approved by Governor-Chapter 699 (effective 7/1/19)
executive
Feb 14, 2019
Upper · Passed
Engrossed by Senate - committee substitute HB2003S1
upper
Feb 14, 2019
Upper · Passed
Committee substitute agreed to 19106447D-S1
upper
Feb 14, 2019
Senate · Passed
Senate Vote: pass (40-0)
senate
Jan 28, 2019
Committee
Referred to Committee on Finance
upper
Jan 25, 2019
Lower · Passed
Read third time and passed House (90-Y 7-N)
lower
Jan 24, 2019
Introduced
Engrossed by House as amended HB2003E
lower
Jan 24, 2019
Lower · Passed
Committee amendments agreed to
lower
Jan 21, 2019
House Of Delegates · Passed
House of Delegates Vote: pass (20-2)
house of delegates
Jan 11, 2019
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 7, 2019
Committee
Referred to Committee on Finance
lower
Jan 7, 2019
Introduced
Prefiled and ordered printed; offered 01/09/19 19102073D
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lashrecse D. Aird
DDemocratic
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