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2010 SESSION

• | print version

HB 318 Manufacturing facility; expands definition to include those used in creation of intangible property.

Introduced by: Kenneth C. Alexander | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Manufacturing facility.  Expands the current definition, for bonding purposes, of manufacturing facility to include (i) any facility which is used in the creation or production of intangible property as described in § 197(d)(1)(C)(iii) of the Internal Revenue Code of 1986, as amended, to be any patent, copyright, formula, process, design, pattern, knowhow, format, or other similar item, or (ii) a facility which is functionally related and subordinate to a manufacturing facility if such facility is located on the same site as the manufacturing facility. This definition is being expanded so that Virginia Code is consistent with the Federal American Recovery and Reinvestment Act of 2009, Section 1301.  This bill is identical to SB 252.

FULL TEXT

• 01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10102881D  pdf | impact statement
• 03/09/10  House: Bill text as passed House and Senate (HB318ER)  pdf | impact statement
• 04/10/10  Governor: Acts of Assembly Chapter text (CHAP0360)  pdf

AMENDMENTS

• Senate amendments
• Senate amendments engrossed

HISTORY

• 01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10102881D
• 01/11/10  House: Referred to Committee on Counties, Cities and Towns
• 01/15/10  House: Assigned CC & T sub: #1
• 01/20/10  House: Subcommittee recommends reporting (9-Y 0-N)
• 01/22/10  House: Reported from Counties, Cities and Towns (22-Y 0-N)
• 01/25/10  House: Read first time
• 01/26/10  House: Read second time and engrossed
• 01/27/10  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 01/27/10  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 01/28/10  Senate: Constitutional reading dispensed
• 01/28/10  Senate: Referred to Committee on Local Government
• 02/23/10  Senate: Reported from Local Government with amendment (15-Y 0-N)
• 02/25/10  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/26/10  Senate: Read third time
• 02/26/10  Senate: Reading of amendment waived
• 02/26/10  Senate: Committee amendment agreed to
• 02/26/10  Senate: Engrossed by Senate as amended
• 02/26/10  Senate: Passed Senate with amendment (39-Y 0-N)
• 03/01/10  House: Placed on Calendar
• 03/02/10  House: Senate amendment agreed to by House (99-Y 0-N)
• 03/02/10  House: VOTE: --- ADOPTION (99-Y 0-N)
• 03/09/10  House: Enrolled
• 03/09/10  House: Bill text as passed House and Senate (HB318ER)
• 03/09/10  House: Signed by Speaker
• 03/11/10  Senate: Signed by President
• 04/10/10  Governor: Approved by Governor-Chapter 360 (effective 7/1/10)
• 04/10/10  Governor: Acts of Assembly Chapter text (CHAP0360)