AMENDMENTS PROPOSED BY THE HOUSE COMMITTEE ON FINANCE

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by individuals from entities having no nexus with Virginia

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2. That the provisions of this act shall expire unless reenacted by the 2002 Session of the General Assembly.

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3. That the provisions of this act shall become effective January 1, 2000.

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4. That the provisions of this act shall be effective for taxable years beginning on and after January 1, 2000, unless one or more of the events listed in subsection C of § 58.1-3524 has occurred prior to such date. If any one of these events occurs before January 1, 2000, this act shall not become effective for taxable years beginning on and after January 1, 2000, but shall instead become effective for taxable years beginning on and after January 1 of the first year thereafter when none of the events listed in subsection C of § 58.1-3524 have occurred during the immediately preceding calendar year.