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2020 SESSION
SB 923 Motion picture production tax credit; media-related exemptions, extends sunset provision.
Introduced by: L. Louise Lucas | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Motion picture production tax credit; media related exemptions. Extends from January 1, 2022, to January 1, 2027, the sunset of the motion picture production tax credit and transfers the certifying authority for the credit from the Virginia Film Office to the Virginia Tourism Authority. The bill also extends from July 1, 2022, to July 1, 2027, the sunset for certain sales tax exemptions related to film production and distribution. This bill is identical to HB 1318.
FULL TEXT
- 01/09/20 Senate: Presented and ordered printed 20104698D pdf | impact statement
- 01/30/20 Senate: Committee substitute printed 20106761D-S1 pdf | impact statement
- 02/19/20 House: Committee substitute printed 20108312D-H1 pdf
- 03/04/20 Senate: Bill text as passed Senate and House (SB923ER) pdf | impact statement
- 04/09/20 Governor: Acts of Assembly Chapter text (CHAP0967) pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
HISTORY
- 01/09/20 Senate: Presented and ordered printed 20104698D
- 01/09/20 Senate: Referred to Committee on Finance and Appropriations
- 01/30/20 Senate: Reported from Finance and Appropriations with substitute (12-Y 1-N)
- 01/30/20 Senate: Committee substitute printed 20106761D-S1
- 02/03/20 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/04/20 Senate: Read second time
- 02/04/20 Senate: Reading of substitute waived
- 02/04/20 Senate: Committee substitute agreed to 20106761D-S1
- 02/04/20 Senate: Engrossed by Senate - committee substitute SB923S1
- 02/05/20 Senate: Passed by temporarily
- 02/05/20 Senate: Read third time and passed Senate (36-Y 4-N)
- 02/12/20 House: Placed on Calendar
- 02/12/20 House: Read first time
- 02/12/20 House: Referred to Committee on Finance
- 02/13/20 House: Assigned Finance sub: Subcommittee #1
- 02/17/20 House: Subcommittee recommends reporting with substitute (8-Y 1-N)
- 02/19/20 House: Committee substitute printed 20108312D-H1
- 02/19/20 House: Reported from Finance with substitute (15-Y 7-N)
- 02/21/20 House: Read second time
- 02/24/20 House: Read third time
- 02/24/20 House: Committee substitute agreed to 20108312D-H1
- 02/24/20 House: Engrossed by House - committee substitute SB923H1
- 02/24/20 House: Passed House with substitute (72-Y 27-N)
- 02/24/20 House: VOTE: Passage (72-Y 27-N)
- 02/26/20 Senate: House substitute agreed to by Senate (33-Y 6-N)
- 02/26/20 Senate: Title replaced 20108312D-H1
- 03/04/20 Senate: Enrolled
- 03/04/20 Senate: Bill text as passed Senate and House (SB923ER)
- 03/05/20 Senate: Signed by President
- 03/06/20 House: Signed by Speaker
- 03/12/20 Senate: Enrolled Bill Communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/09/20 Governor: Approved by Governor-Chapter 967 (effective 7/1/20)
- 04/09/20 Governor: Acts of Assembly Chapter text (CHAP0967)