SB1256
Income tax, state; subtraction for gain from taking by eminent domain.
Summary
As Introduced. Virginia taxable income; subtraction for gain from taking by eminent domain.
Creates an income tax subtraction for gain recognized by a taxpayer from a taking of real property by condemnation proceedings.-
Bill History
- 01/05/2019 - Senate: Prefiled and ordered printed; offered 01/09/19 19103023D
- 01/05/2019 - Senate: Referred to Committee on Finance
- 01/19/2019 - Senate: Impact statement from TAX (SB1256)
- 01/24/2019 - Senate: Reported from Finance (12-Y 0-N)
- 01/28/2019 - Senate: Constitutional reading dispensed (37-Y 0-N)
- 01/29/2019 - Senate: Read second time and engrossed
- 01/30/2019 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/04/2019 - House: Placed on Calendar
- 02/04/2019 - House: Read first time
- 02/04/2019 - House: Referred to Committee on Finance
- 02/11/2019 - House: Reported from Finance (21-Y 0-N)
- 02/12/2019 - House: Read second time
- 02/13/2019 - House: House committee, floor amendments and substitutes offered
- 02/13/2019 - House: Read third time
- 02/13/2019 - House: Amendments by Delegate Levine rejected
- 02/13/2019 - House: Passed House (96-Y 1-N)
- 02/13/2019 - House: VOTE: PASSAGE (96-Y 1-N)
- 02/18/2019 - Senate: Enrolled
- 02/18/2019 - Senate: Bill text as passed Senate and House (SB1256ER)
- 02/18/2019 - House: Signed by Speaker
- 02/19/2019 - Senate: Signed by President
- 02/20/2019 - Senate: Impact statement from TAX (SB1256ER)
- 02/20/2019 - Senate: Enrolled Bill Communicated to Governor on February 20, 2019
- 02/20/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/08/2019 - Governor: Approved by Governor-Chapter 270 (effective 7/1/19)
- 03/08/2019 - Governor: Acts of Assembly Chapter text (CHAP0270)
