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.

2016 SESSION

• | print version

SB 749 Qualified equity and subordinated debt investments tax credit; qualified businesses.

Introduced by: Ryan T. McDougle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Qualified Equity and Subordinated Debt Investments Tax Credit. Raises the cap on the total number of credits that may be issued per year under the qualified equity and subordinated debt investments tax credit from $5 million to $9 million for calendar years beginning on or after January 1, 2016, and sunsets the tax credit on January 1, 2021. The bill also requires the Department of Taxation to provide an annual report to the Governor, and any member of the General Assembly upon request, on the issuance of such tax credits. This bill was incorporated into SB 200.

FULL TEXT

• 01/22/16  Senate: Presented and ordered printed 16104673D  pdf | impact statement

HISTORY

• 01/22/16  Senate: Presented and ordered printed 16104673D
• 01/22/16  Senate: Referred to Committee on Finance
• 02/09/16  Senate: Incorporated by Finance (SB200-Howell) (15-Y 0-N)