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- Subject Index: Since 1995
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2007 SESSION
SB 743 Retail Sales and Use Tax; exemptions include nonprofit entities, audit requirements.
Introduced by: Ken T. Cuccinelli, II | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Sales and use tax; tax exemption for nonprofit entities. Requires nonprofit entities seeking sales and use tax exempt status that have annual gross receipts of at least $750,000 but less than $1 million to provide the Department of Taxation with a financial audit or review performed by an independent certified public accountant. Entities with gross annual receipts of $1 million or greater must file an audit. This bill is identical to HB 3062.
FULL TEXT
- 10/31/06 Senate: Prefiled and ordered printed; offered 01/10/07 077405720 pdf | impact statement
- 02/02/07 Senate: Committee substitute printed 075903720-S1 pdf | impact statement
- 02/12/07 House: Committee substitute printed 073496472-H1 pdf
- 03/12/07 Senate: Bill text as passed Senate and House (SB743ER) pdf | impact statement
- 04/05/07 Governor: Acts of Assembly Chapter text (CHAP0709) pdf
AMENDMENTS
HISTORY
- 10/31/06 Senate: Prefiled and ordered printed; offered 01/10/07 077405720
- 10/31/06 Senate: Referred to Committee on Finance
- 02/01/07 Senate: Reported from Finance with substitute (13-Y 1-N 1-A)
- 02/02/07 Senate: Committee substitute printed 075903720-S1
- 02/05/07 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/05/07 Senate: VOTE: (39-Y 0-N)
- 02/06/07 Senate: Read second time
- 02/06/07 Senate: Reading of substitute waived
- 02/06/07 Senate: Committee substitute agreed to 075903720-S1
- 02/06/07 Senate: Engrossed by Senate - committee substitute SB743S1
- 02/06/07 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/06/07 Senate: VOTE: (40-Y 0-N)
- 02/06/07 Senate: Passed Senate (36-Y 2-N 1-A)
- 02/06/07 Senate: VOTE: (36-Y 2-N 1-A)
- 02/06/07 Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
- 02/06/07 Senate: VOTE: (40-Y 0-N)
- 02/06/07 Senate: Passed Senate (40-Y 0-N)
- 02/06/07 Senate: VOTE: (40-Y 0-N)
- 02/07/07 House: Placed on Calendar
- 02/07/07 House: Read first time
- 02/07/07 House: Referred to Committee on Finance
- 02/12/07 House: Reported from Finance with substitute (20-Y 0-N)
- 02/12/07 House: Committee substitute printed 073496472-H1
- 02/13/07 House: Read second time
- 02/14/07 House: Read third time
- 02/14/07 House: Committee substitute agreed to 073496472-H1
- 02/14/07 House: Engrossed by House - committee substitute SB743H1
- 02/14/07 House: Passed House with substitute Block Vote (95-Y 0-N)
- 02/14/07 House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
- 02/14/07 Senate: House substitute rejected by Senate (3-Y 31-N)
- 02/14/07 Senate: VOTE: (3-Y 31-N)
- 02/14/07 House: House insisted on substitute
- 02/14/07 House: House requested conference committee
- 02/14/07 Senate: Senate acceded to request (39-Y 0-N)
- 02/14/07 Senate: VOTE: (39-Y 0-N)
- 02/14/07 Senate: Conferees appointed by Senate
- 02/14/07 Senate: Senators: Cuccinelli, Quayle, Saslaw
- 02/14/07 House: Conferees appointed by House
- 02/14/07 House: Delegates: Hogan, Scott, E.T., Shannon
- 02/23/07 Senate: Reading of conference report waived
- 02/23/07 Senate: Conference report agreed to by Senate (40-Y 0-N)
- 02/23/07 Senate: VOTE: (40-Y 0-N)
- 02/23/07 House: Conference report agreed to by House (96-Y 0-N)
- 02/23/07 House: VOTE: ADOPTION (96-Y 0-N)
- 03/12/07 Senate: Enrolled
- 03/12/07 Senate: Bill text as passed Senate and House (SB743ER)
- 03/12/07 Senate: Signed by President
- 03/13/07 House: Signed by Speaker
- 03/21/07 Governor: Approved by Governor-Chapter 709 (effective 7/1/07)
- 04/05/07 Governor: Acts of Assembly Chapter text (CHAP0709)