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Developed and maintained by the Division of Legislative Automated Systems.
2015 SESSION
(SB1364)AMENDMENT(S) PROPOSED BY THE SENATE
FINANCE
1. Line 45, introduced, after January 1,
strike
2015
insert
2016
FINANCE
2. Line 67, introduced, after severable.
insert
2. That the provisions of this act shall not become effective unless reenacted by the 2016 Session of the General Assembly.
3. That the Department of Taxation shall report to the chairmen of the House Committee on Appropriations and the Senate Committee on Finance no later than January 1, 2016 regarding the implementation of § 58.1-422. Such report shall include, at a minimum, (i) the amount of taxes assessed pursuant to subsection C of § 58.1-422 because of manufacturers not maintaining the required levels of employment, (ii) an estimate of the fiscal impact of this act had it been in effect for taxable years beginning on or after January 1, 2015, and (iii) if applicable, an analysis of and findings regarding the causes for any decline in employment for defense employers, as defined in this act.