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1998 SESSION

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985301484
HOUSE BILL NO. 3 Offered January 14, 1998 Prefiled November 15, 1997 A BILL to amend and reenact the second enactment of Chapter 39 of the Acts of Assembly of 1989, as amended by the first enactments of Chapters 28 and 541 of the Acts of Assembly of 1993, and the second enactment of Chapter 639 of the Acts of Assembly of 1989, as amended by the second enactments of Chapters 28 and 541 of the Acts of Assembly of 1993, relating to the expiration of the deduction for qualified agricultural contributions for income tax purposes. ---------- Patron-- Watkins ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. That the second enactment of Chapter 39 of the Acts of Assembly of 1989, as amended by the first enactments of Chapters 28 and 541 of the Acts of Assembly of 1993, is amended and reenacted as follows:

2. That the provisions of this act shall be effective for taxable years beginning on and after January 1, 1989, and that the provisions of this act shall expire for taxable years beginning on and after January 1, 19992004.

2. That the second enactment of Chapter 639 of the Acts of Assembly of 1989, as amended by the second enactments of Chapters 28 and 541 of the Acts of Assembly of 1993, is amended and reenacted as follows:

2. That the provisions of this act shall be effective for taxable years beginning on and after January 1, 1989, and that the provisions of this act shall expire for taxable years beginning on and after January 1, 19992004.