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2000 SESSION
HB 438 Certain college tuition savings initiatives.
Introduced by: Vincent F. Callahan, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Certain college tuition savings initiatives. Changes the name of the Virginia Higher Education Tuition Trust Fund to the Virginia College Savings Plan; removes contributors to a savings trust account within the Plan who are age 70 and over from the requirement that deductions for such contributions not exceed $2,000 (a benefit currently afforded purchasers of prepaid tuition contracts); and broadens the definition of the Virginia fiduciary adjustment, for estate tax purposes, to include the state income tax deduction permitted for purchases of prepaid tuition contracts and contributions to savings trust accounts within the Plan. The measure is effective for taxable years beginning on and after January 1, 2000. This bill is identical to SB 359.
FULL TEXT
- 01/17/00 House: Presented & ordered printed 004440208 pdf
- 03/06/00 House: Bill text as passed House and Senate (HB438ER) pdf
- 04/11/00 Governor: Acts of Assembly Chapter text (CHAP0400) pdf
HISTORY
- 01/17/00 House: Presented & ordered printed 004440208
- 01/17/00 House: Referred to Committee on Finance
- 01/20/00 House: Assigned to Finance sub-committee: 2
- 02/06/00 House: Reported from Finance (23-Y 0-N)
- 02/08/00 House: Read first time
- 02/09/00 House: Read second time and engrossed
- 02/10/00 House: Read third time and passed House (Block Vote) (99-Y 0-N)
- 02/10/00 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/10/00 House: Communicated to Senate
- 02/11/00 Senate: Constitutional reading dispensed
- 02/11/00 Senate: Referred to Committee on Finance
- 02/22/00 Senate: Reported from Finance (15-Y 0-N)
- 02/23/00 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/23/00 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/24/00 Senate: Read third time
- 02/24/00 Senate: Passed Senate (39-Y 0-N)
- 02/24/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/06/00 House: Bill text as passed House and Senate (HB438ER)
- 03/09/00 House: Enrolled
- 03/09/00 House: Signed by Speaker
- 03/10/00 Senate: Signed by President
- 04/04/00 Governor: Approved by Governor-Chapter 400 (effective 1/1/00)
- 04/11/00 Governor: Acts of Assembly Chapter text (CHAP0400)