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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1995 SESSION
HB 2249 Definition of foreign source income.
Introduced by: C. Richard Cranwell | all patrons ... notes | add to my profiles
SUMMARY:
Virginia adjusted gross income. Provides a subtraction from federal adjusted gross income for the amount of an individual's share of net income attributable to a foreign source qualified business unit of an S corporation. Current law only allows this subtraction for C corporations. The law takes effect January 1, 1996, but may then be applied retroactively for taxable years 1994 and 1995.
FULL TEXT
- 01/23/95 House: Presented & ordered printed LD9825000 pdf
- 02/05/95 House: Printed as engrossed LD9825000-E pdf
- 02/27/95 House: Conference substitute printed LD3281176-H1 pdf
- 03/13/95 House: Bill text as passed House and Senate (HB2249ER) pdf
- 03/30/95 Governor: Acts of Assembly Chapter text (CHAP0602) pdf
AMENDMENTS
HISTORY
- 01/23/95 House: Presented & ordered printed LD9825000
- 01/23/95 House: Referred to Committee on Corporations, Insurance and Banking
- 01/26/95 House: Reported from Corp., Ins. & Banking (22-Y 0-N)
- 01/26/95 House: Referred to Committee on Finance
- 02/03/95 House: Reported from Finance with amds. (22-Y 0-N)
- 02/04/95 House: Read first time
- 02/05/95 House: Read second time
- 02/05/95 House: Committee amendments agreed to
- 02/05/95 House: Engrossed by House as amended
- 02/05/95 House: Printed as engrossed LD9825000-E
- 02/06/95 House: Read third time and passed House (Block Vote) (100-Y 0-N)
- 02/06/95 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/06/95 House: Communicated to Senate
- 02/07/95 Senate: Read first time
- 02/07/95 Senate: Referred to Committee on Finance
- 02/14/95 Senate: Reported from Finance with amendments (14-Y 0-N)
- 02/14/95 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/14/95 Senate: VOTE: (39-Y 0-N)
- 02/14/95 Senate: Read third time
- 02/14/95 Senate: Reading of amendments waived
- 02/14/95 Senate: Committee amendments agreed to
- 02/14/95 Senate: Engrossed by Senate as amended
- 02/14/95 Senate: Passed Senate with amendments (39-Y 0-N)
- 02/14/95 Senate: VOTE: (39-Y 0-N)
- 02/14/95 Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
- 02/14/95 Senate: VOTE: (40-Y 0-N)
- 02/14/95 Senate: Passed Senate with amendments (40-Y 0-N)
- 02/14/95 Senate: VOTE: (40-Y 0-N)
- 02/14/95 House: Placed on Calendar
- 02/14/95 House: Senate amendments rejected by House (1-Y 98-N)
- 02/14/95 House: VOTE: REJECTED (1-Y 98-N)
- 02/14/95 Senate: Senate insisted on amendments (34-Y 0-N)
- 02/14/95 Senate: VOTE: INSIST & REQUEST (34-Y 0-N)
- 02/14/95 Senate: Senate requested conference committee
- 02/14/95 House: House acceded to request
- 02/14/95 House: Conferees appointed by House
- 02/14/95 House: Delegates: Cranwell, Brickley, Guest
- 02/14/95 Senate: Conferees appointed by Senate
- 02/14/95 Senate: Senators: Gartlan, Holland, R.J., Chichester
- 02/20/95 House: Conference report agreed to by House (95-Y 0-N)
- 02/20/95 House: VOTE: ADOPTION (95-Y 0-N)
- 02/21/95 Senate: Reading of conference report waived
- 02/21/95 Senate: Conference report agreed to by Senate (38-Y 0-N)
- 02/21/95 Senate: VOTE: ADOPT CONFERENCE REPORT (38-Y 0-N)
- 02/21/95 Conference: Senate amendments rejected by conference committee
- 02/21/95 Conference: Substitute recommended by conference committee
- 02/27/95 House: Conference substitute printed LD3281176-H1
- 03/13/95 House: Bill text as passed House and Senate (HB2249ER)
- 03/15/95 House: Enrolled
- 03/15/95 Senate: Signed by President
- 03/16/95 House: Signed by Speaker
- 03/24/95 Governor: Approved by Governor-Chapter 602 (effective 1/1/96)
- 03/30/95 Governor: Acts of Assembly Chapter text (CHAP0602)