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1998 SESSION
HB 513 Income tax credit for purchase of waste motor oil burning equipment.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY:
Income tax credit for purchase of waste motor oil burning equipment. Establishes a credit against individual and corporate income tax liability for any taxpayer for 50 percent of the purchase price of equipment used to burn waste motor oil. To be eligible for the credit, the taxpayer must operate a business within Virginia which accepts waste motor oil from the public. The maximum amount of the credit that can be claimed in any year is $5,000.
FULL TEXT
- 01/20/98 House: Presented & ordered printed 989120727 pdf
- 03/17/98 House: Bill text as passed House and Senate (HB513ER) pdf
- 05/26/98 Governor: Acts of Assembly Chapter text (CHAP0896) pdf
AMENDMENTS
HISTORY
- 01/20/98 House: Presented & ordered printed 989120727
- 01/20/98 House: Referred to Committee on Finance
- 01/22/98 House: Assigned to Finance sub-committee: 2
- 02/17/98 House: Reported from Finance (24-Y 0-N)
- 02/18/98 House: Read first time
- 02/19/98 House: Read second time and engrossed
- 02/20/98 House: Read third time and passed House (Block Vote) (97-Y 0-N)
- 02/20/98 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
- 02/20/98 House: Communicated to Senate
- 02/23/98 Senate: Constitutional reading dispensed
- 02/23/98 Senate: Referred to Committee on Finance
- 03/03/98 Senate: Reported from Finance with amendment (16-Y 0-N)
- 03/04/98 Senate: Constitutional reading dispensed (39-Y 0-N)
- 03/04/98 Senate: VOTE: (39-Y 0-N)
- 03/04/98 Senate: Read third time
- 03/04/98 Senate: Reading of amendment waived
- 03/04/98 Senate: Committee amendment agreed to
- 03/04/98 Senate: Engrossed by Senate as amended
- 03/04/98 Senate: Passed Senate with amendment (39-Y 0-N)
- 03/04/98 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/04/98 House: Placed on Calendar
- 03/04/98 House: Senate amendment agreed to by House (88-Y 5-N)
- 03/04/98 House: VOTE: ADOPTION (88-Y 5-N)
- 03/17/98 House: Bill text as passed House and Senate (HB513ER)
- 03/24/98 House: Enrolled
- 03/25/98 House: Signed by Speaker
- 03/26/98 Senate: Signed by President
- 04/16/98 House: Governor's recommendation received by House
- 04/22/98 House: Placed on Calendar
- 04/22/98 House: House rejected Gov's recommendation (27-Y 69-N)
- 04/22/98 House: VOTE: ADOPTION (27-Y 69-N)
- 04/22/98 House: Communicated to Governor
- 05/20/98 Governor: Approved by Governor-Chapter 896 (effective 7/1/98)
- 05/26/98 Governor: Acts of Assembly Chapter text (CHAP0896)