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2011 SESSION
HB 2221 Aircraft sales and use tax; exemption for qualified companies headquartered in Virginia.
Introduced by: G. Glenn Oder-resigned 8/31/11 | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Aircraft sales and use tax; exemptions. Creates an exemption from the aircraft sales and use tax for qualified companies that are headquartered in Virginia, make a minimum of a $4 million capital investment in Virginia, create at least 50 new jobs in Virginia, and enter into a memorandum of agreement with the Virginia Economic Development Partnership. The exemption expires December 31, 2014. The bill also creates an exemption from the aircraft sales and use tax for aircraft that are purchased in Virginia but are registered outside of the Commonwealth and removed from the Commonwealth within 60 days of purchase.
FULL TEXT
- 01/12/11 House: Prefiled and ordered printed; offered 01/12/11 11103599D pdf | impact statement
- 02/02/11 House: Committee substitute printed 11104174D-H1 pdf | impact statement
- 02/22/11 House: Bill text as passed House and Senate (HB2221ER) pdf | impact statement
- 03/24/11 Governor: Acts of Assembly Chapter text (CHAP0492) pdf
HISTORY
- 01/12/11 House: Prefiled and ordered printed; offered 01/12/11 11103599D
- 01/12/11 House: Referred to Committee on Finance
- 01/19/11 House: Assigned Finance sub: #2
- 01/31/11 House: Subcommittee recommends reporting with amendment(s) (6-Y 2-N)
- 02/02/11 House: Reported from Finance with substitute (19-Y 2-N)
- 02/02/11 House: Committee substitute printed 11104174D-H1
- 02/04/11 House: Read first time
- 02/07/11 House: Read second time
- 02/07/11 House: Committee substitute agreed to 11104174D-H1
- 02/07/11 House: Engrossed by House - committee substitute HB2221H1
- 02/08/11 House: Read third time and passed House (85-Y 14-N)
- 02/08/11 House: VOTE: PASSAGE (85-Y 14-N)
- 02/09/11 Senate: Constitutional reading dispensed
- 02/09/11 Senate: Referred to Committee on Finance
- 02/15/11 Senate: Reported from Finance (11-Y 0-N)
- 02/16/11 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/16/11 Senate: Read third time
- 02/16/11 Senate: Passed Senate (38-Y 0-N)
- 02/16/11 Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/16/11 Senate: Passed Senate (40-Y 0-N)
- 02/22/11 House: Enrolled
- 02/22/11 House: Bill text as passed House and Senate (HB2221ER)
- 02/22/11 House: Signed by Speaker
- 02/23/11 Senate: Signed by President
- 03/24/11 Governor: Approved by Governor-Chapter 492 (effective 7/1/11)
- 03/24/11 Governor: Acts of Assembly Chapter text (CHAP0492)