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ACROSS SESSIONS
- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2000 SESSION
HB 402 Technology industry in tobacco-dependent localities.
Introduced by: William W. (Ted) Bennett, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Technology industry in tobacco-dependent localities. Creates tax credits and/or grants for capital, debt, cash, and stock investments in certain technology companies located in tobacco-dependent communities and for qualified research taking place in tobacco-dependent communities. The Technology Initiative in Tobacco-Dependent Localities Fund will be used to fund such tax credits and/or grants. Credits for capital investments are limited to 50 percent of the amount of the investment up to $500,000 per taxable year. Tax credits for debt, cash, and stock investments are limited to 50 percent of the amount of the investment up to $500,000 in aggregate per taxpayer. Tax credits for capital, debt, cash, and stock investments may first be taken in the taxable year in which the Tobacco Indemnification and Community Revitalization Commission finds that such investments were spent in a tobacco-dependent locality. Tax credits for qualified research taking place in tobacco-dependent localities is limited to 50 percent of the amount paid or incurred for such research and may be taken in the year in which such research and development activity occurred.
FULL TEXT
- 01/13/00 House: Presented & ordered printed 002196632 pdf
- 02/14/00 House: Committee substitute printed 002221632-H1 pdf
- 03/03/00 Senate: Committee substitute printed 008471632-S1 pdf
- 03/13/00 House: Conference substitute printed 008477632-H2 pdf
- 03/21/00 House: Bill text as passed House and Senate (HB402ER) pdf
- 04/24/00 House: Reenrolled bill text (HB402ER2) pdf
- 05/08/00 Governor: Acts of Assembly Chapter text (CHAP1042) pdf
AMENDMENTS
HISTORY
- 01/13/00 House: Presented & ordered printed 002196632
- 01/13/00 House: Referred to Committee on Finance
- 01/18/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Reported from Finance with sub (23-Y 0-N)
- 02/13/00 House: Read first time
- 02/14/00 House: Committee substitute printed 002221632-H1
- 02/14/00 House: Constitutional reading dispensed
- 02/15/00 House: Committee substitute agreed to 002221632-H1
- 02/15/00 House: Engrossed by House - com. sub. 002221632-H1
- 02/15/00 House: Read third time and passed House (97-Y 0-N)
- 02/15/00 House: VOTE: PASSAGE (97-Y 0-N)
- 02/15/00 House: Communicated to Senate
- 02/17/00 Senate: Constitutional reading dispensed
- 02/17/00 Senate: Referred to Committee on Finance
- 03/02/00 Senate: Reported from Finance with substitute (12-Y 0-N)
- 03/03/00 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 03/03/00 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 03/03/00 Senate: Committee substitute printed 008471632-S1
- 03/06/00 Senate: Read third time
- 03/06/00 Senate: Reading of substitute waived
- 03/06/00 Senate: Committee substitute agreed to 008471632-S1
- 03/06/00 Senate: Engrossed by Senate - comm. sub. 008471632-S1
- 03/06/00 Senate: Passed Senate with substitute (39-Y 0-N)
- 03/06/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/07/00 House: Placed on Calendar
- 03/08/00 House: Senate substitute rejected by House (1-Y 96-N)
- 03/08/00 House: VOTE: ADOPTION (1-Y 96-N)
- 03/09/00 Senate: Senate insisted on substitute (40-Y 0-N)
- 03/09/00 Senate: VOTE: INSIST & REQUEST (40-Y 0-N)
- 03/09/00 Senate: Senate requested conference committee
- 03/09/00 House: House acceded to request
- 03/09/00 House: Conferees appointed by House
- 03/09/00 House: Delegates: Bennett, Ruff, Dudley
- 03/09/00 Senate: Conferees appointed by Senate
- 03/09/00 Senate: Senators: Hawkins, Wampler, Marye
- 03/10/00 Senate: Reading of conference report waived
- 03/10/00 Senate: Conference report agreed to by Senate (40-Y 0-N)
- 03/10/00 Senate: VOTE: CONF. COMMITTEE RPT (40-Y 0-N)
- 03/10/00 Conference: Senate substitute rejected by conference committee
- 03/10/00 Conference: Sub. recommended by conference comm. 008477632-H1
- 03/10/00 House: Conference report agreed to by House (95-Y 0-N)
- 03/10/00 House: VOTE: ADOPTION (95-Y 0-N)
- 03/13/00 House: Conference substitute printed 008477632-H2
- 03/21/00 House: Bill text as passed House and Senate (HB402ER)
- 03/23/00 House: Enrolled
- 03/24/00 House: Signed by Speaker
- 03/25/00 Senate: Signed by President
- 04/10/00 House: Governor's recommendation received by House
- 04/19/00 House: Placed on Calendar
- 04/19/00 House: House concurred in Gov's recommendation (98-Y 0-N)
- 04/19/00 House: VOTE: ADOPTION (98-Y 0-N)
- 04/19/00 Senate: Senate concurred in Gov's recommendation (36-Y 2-N)
- 04/19/00 Senate: VOTE: ADOPT GOV.'S RECOMM. (36-Y 2-N)
- 04/19/00 Governor: Governor's recommendation adopted
- 04/19/00 House: Reenrolled
- 04/19/00 House: Signed by Speaker as reenrolled
- 04/19/00 Senate: Signed by President as reenrolled
- 04/19/00 House: Enacted, Chapter 1042 (effective 7/1/00)
- 04/24/00 House: Reenrolled bill text (HB402ER2)
- 05/08/00 Governor: Acts of Assembly Chapter text (CHAP1042)