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2016 SESSION
HB 155 General Assembly Conflicts of Interests Act; disclosure of tax credits, penalty.
Introduced by: Marcus B. Simon | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
General Assembly Conflicts of Interests Act; disclosure of tax credits; penalty. Requires the disclosure on the General Assembly Conflicts of Interests Act Statement of Economic Interests form of any tax credit allowed under the Code of Virginia that (i) the filer, (ii) a member of the filer's immediate family, (iii) a business owned by the filer or a member of the filer's immediate family, or (iv) a business in which the filer or a member of the filer's immediate family owns or controls an interest in excess of $5,000 claimed during the previous tax year, when the amount claimed is $1,000 or more. Disclosure of certain tax credits is not required. Disclosure is required only on the semiannual statement that is filed in June.
FULL TEXT
HISTORY
- 12/22/15 House: Prefiled and ordered printed; offered 01/13/16 16100916D
- 12/22/15 House: Referred to Committee for Courts of Justice
- 01/14/16 House: Assigned Courts sub: Ethics
- 02/05/16 House: Subcommittee recommends laying on the table by voice vote
- 02/16/16 House: Left in Courts of Justice