Virginia port volume increase tax credit; transfer of credits.
Summary
Allows a taxpayer granted Virginia port volume increase tax credits to transfer unused credits to another taxpayer. The tax credit may be applied retroactively by the transferee to the date that the credits were originally issued so long as the statute of limitations for filing an amended return has not expired. The provisions of the bill are contingent on funding in a general appropriation act.
Bill status
in committee
3 of 5 stages cleared
Introduction
Jan 2019
Committee Review
Feb 2019
Senate Passage
Jan 2019
House of Delegates Passage
Governor
Introduced Jan 9, 2019
Last action Feb 12, 2019
Floor votes · Senate Jan 30, 2019
How they voted
34–0
Passed
Total votes 34
Jan 30, 2019
D
Democratic14
100% Yea
R
Republican20
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
14
Key actions
3
Committee
4
Amendments
3
Feb 6, 2019
Committee
Assigned App. sub: Transportation
lower
Feb 6, 2019
Committee
Referred to Committee on Appropriations
lower
Jan 31, 2019
Introduced
Engrossed by Senate as amended SB1652E
upper
Jan 31, 2019
Upper · Passed
Amendment by Senator Hanger agreed to
upper
Jan 31, 2019
Upper · Passed
Committee amendment agreed to
upper
Jan 31, 2019
Introduced
Reading of amendment waived
upper
Jan 30, 2019
Senate · Passed
Senate Vote: pass (34-0)
senate
Jan 9, 2019
Committee
Referred to Committee on Finance
upper
Jan 9, 2019
Introduced
Presented and ordered printed 19103066D
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Louise Lucas
DDemocratic
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