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2018 SESSION
SB 579 Tax credits related to education; aggregate cap.
Introduced by: Bill R. DeSteph, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Tax credits related to education; aggregate cap. Allocates 20 percent of any unissued credits in a fiscal year under the Education Improvement Scholarships tax credit program to the Superintendent of Public Instruction to be allocated to education programs under the Neighborhood Assistance Act (§ 58.1-439.18 et seq.) tax credit program during the next fiscal year. The 20 percent of unissued credits would be added to the current $9 million cap for education programs under the Neighborhood Assistance Act tax credit program. The provisions of the bill are contingent on funding in a general appropriation act.
FULL TEXT
- 01/09/18 Senate: Prefiled and ordered printed; offered 01/10/18 18103115D pdf | impact statement
- 02/01/18 Senate: Printed as engrossed 18103115D-E pdf | impact statement
AMENDMENTS
HISTORY
- 01/09/18 Senate: Prefiled and ordered printed; offered 01/10/18 18103115D
- 01/09/18 Senate: Referred to Committee on Finance
- 01/30/18 Senate: Reported from Finance with amendment (15-Y 0-N)
- 01/31/18 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/01/18 Senate: Read second time
- 02/01/18 Senate: Reading of amendment waived
- 02/01/18 Senate: Committee amendment agreed to
- 02/01/18 Senate: Engrossed by Senate as amended SB579E
- 02/01/18 Senate: Printed as engrossed 18103115D-E
- 02/02/18 Senate: Passed by temporarily
- 02/02/18 Senate: Read third time and passed Senate (20-Y 18-N)
- 02/08/18 House: Placed on Calendar
- 02/08/18 House: Read first time
- 02/08/18 House: Referred to Committee on Appropriations
- 03/06/18 House: Left in Appropriations