SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2018 SESSION
HB 119 Merchants' capital tax; classification.
Introduced by: Robert M. "Bob" Thomas, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Merchants' capital tax; classification. Creates a separate class for merchants' capital of any wholesaler reported as inventory that is located, and is normally located, in a structure that contains at least 100,000 square feet, with at least 100,000 square feet used solely to store such inventory. Any locality may impose a tax rate on such inventory that is lower than that applicable generally to merchants' capital.
FULL TEXT
- 12/15/17 House: Prefiled and ordered printed; offered 01/10/18 18101758D pdf | impact statement
- 02/19/18 House: Bill text as passed House and Senate (HB119ER) pdf | impact statement
- 02/26/18 Governor: Acts of Assembly Chapter text (CHAP0023) pdf
HISTORY
- 12/15/17 House: Prefiled and ordered printed; offered 01/10/18 18101758D
- 12/15/17 House: Referred to Committee on Finance
- 01/23/18 House: Assigned Finance sub: Subcommittee #1
- 01/24/18 House: Subcommittee recommends reporting (9-Y 1-N)
- 01/29/18 House: Reported from Finance (21-Y 1-N)
- 01/31/18 House: Read first time
- 02/01/18 House: Read second time and engrossed
- 02/02/18 House: Read third time and passed House (94-Y 3-N)
- 02/02/18 House: VOTE: PASSAGE (94-Y 3-N)
- 02/05/18 Senate: Constitutional reading dispensed
- 02/05/18 Senate: Referred to Committee on Finance
- 02/14/18 Senate: Reported from Finance (15-Y 0-N)
- 02/15/18 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/16/18 Senate: Read third time
- 02/16/18 Senate: Passed Senate (38-Y 0-N)
- 02/19/18 House: Enrolled
- 02/19/18 House: Bill text as passed House and Senate (HB119ER)
- 02/19/18 House: Signed by Speaker
- 02/21/18 Senate: Signed by President
- 02/22/18 House: Enrolled Bill communicated to Governor on 2/22/18
- 02/22/18 Governor: Governor's Action Deadline Midnight, March 1, 2018
- 02/26/18 Governor: Approved by Governor-Chapter 23 (effective 7/1/18)
- 02/26/18 Governor: Acts of Assembly Chapter text (CHAP0023)