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2023 SESSION

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HB 1832 Virginia Port Authority; tax credits, creates grant programs, sunset date.

Introduced by: Scott A. Wyatt | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Port Authority; tax credits and grants. Creates grant programs to replace the barge and rail usage tax credit and the Virginia port volume increase tax credit when those credits expire on January 1, 2025. The bill also creates a new Port of Virginia Economic Development Grant Program consisting of two component programs: the Economic and Infrastructure Development Grant Program and the International Trade Facility Grant Program. The bill also moves the sunset date of the existing Port of Virginia Economic and Infrastructure Development Grant Fund and Program from June 30, 2025, to December 31, 2024. This bill is identical to SB 1345.

FULL TEXT

• 01/10/23  House: Prefiled and ordered printed; offered 01/11/23 23103811D  pdf | impact statement
• 02/20/23  House: Bill text as passed House and Senate (HB1832ER)  pdf | impact statement
• 03/22/23  Governor: Acts of Assembly Chapter text (CHAP0238)  pdf

HISTORY

• 01/10/23  House: Prefiled and ordered printed; offered 01/11/23 23103811D
• 01/10/23  House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
• 01/25/23  House: Referred from Agriculture, Chesapeake and Natural Resources by voice vote
• 01/25/23  House: Referred to Committee on Finance
• 01/27/23  House: Assigned Finance sub: Subcommittee #1
• 01/30/23  House: Subcommittee recommends reporting (8-Y 0-N)
• 02/01/23  House: Reported from Finance (21-Y 1-N)
• 02/03/23  House: Read first time
• 02/06/23  House: Read second time and engrossed
• 02/07/23  House: Read third time and passed House (96-Y 2-N 1-A)
• 02/07/23  House: VOTE: Passage (96-Y 2-N 1-A)
• 02/08/23  Senate: Constitutional reading dispensed
• 02/08/23  Senate: Referred to Committee on Finance and Appropriations
• 02/14/23  Senate: Reported from Finance and Appropriations (15-Y 0-N)
• 02/14/23  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/15/23  Senate: Read third time
• 02/15/23  Senate: Passed Senate (40-Y 0-N)
• 02/20/23  House: Enrolled
• 02/20/23  House: Bill text as passed House and Senate (HB1832ER)
• 02/20/23  House: Signed by Speaker
• 02/21/23  Senate: Signed by President
• 03/02/23  House: Enrolled Bill communicated to Governor on March 2, 2023
• 03/02/23  Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
• 03/22/23  Governor: Approved by Governor-Chapter 238 (effective 7/1/23)
• 03/22/23  Governor: Acts of Assembly Chapter text (CHAP0238)