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.
2023 SESSION
SB 922 Income tax, state; manufactured home park sale.
Introduced by: Ghazala F. Hashmi | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax subtraction; manufactured home park sale. Exempts income earned from the sale of a manufactured home park, as defined in relevant law, to either (i) an entity that is owned by at least 25 percent of the residents of such manufactured home park or (ii) an organization exempt from taxation under § 501(c)(3) of the Internal Revenue Code, provided that such sale terms require the guaranteed maintenance of the property as a manufactured home park for a period of at least 30 years following the sale.
FULL TEXT
HISTORY
- 01/06/23 Senate: Prefiled and ordered printed; offered 01/11/23 23101649D
- 01/06/23 Senate: Referred to Committee on Finance and Appropriations
- 02/08/23 Senate: Left in Finance and Appropriations