VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2007 SESSION

• | print version

HB 2666 Machinery and tools; classification as intangible personal property.

Introduced by: Harry R. Purkey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Machinery and tools taxation.  Exempts certified pollution control equipment and facilities, placed in service on or after January 1, 2009, from state and local taxation pursuant to subsection d of Section 6 of Article X of the Constitution of Virginia.  The measure also provides that certain machinery and tools placed in service on or after January 1, 2009, are taxable as intangible personal property, thereby excluding such property from local taxation.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 070226832  pdf | impact statements

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 070226832
• 01/10/07  House: Referred to Committee on Finance
• 01/18/07  House: Assigned Finance sub: #2 (Ware, R.L.)
• 02/06/07  House: Left in Finance