HB2003
Major business facility job tax credit; extends sunset date.
Summary
As Passed Both Chambers. Major business facility job tax credit; extension; access to information.
Extends the sunset date of the major business facility job tax credit from January 1, 2020, to July 1, 2022. The bill also requires the Department of Taxation, for taxable years beginning on and after January 1, 2019, to publish the following information about companies that are using the credit: ... (More) (i) locations of sites used for major business facilities for which a credit was claimed, (ii) North American Industry Classification System codes used for the major business facilities for which a credit was claimed, (iii) number of qualified full time employees for whom a credit was claimed, and (iv) total cost to the Commonwealth's general fund of the credits claimed. (Less)-
Bill History
- 01/07/2019 - House: Prefiled and ordered printed; offered 01/09/19 19102073D
- 01/07/2019 - House: Referred to Committee on Finance
- 01/11/2019 - House: Assigned Finance sub: Subcommittee #1
- 01/15/2019 - House: Impact statement from TAX (HB2003)
- 01/16/2019 - House: House subcommittee amendments and substitutes offered
- 01/16/2019 - House: Subcommittee recommends reporting with amendments (8-Y 2-N)
- 01/21/2019 - House: Reported from Finance with amendments (20-Y 2-N)
- 01/23/2019 - House: Read first time
- 01/24/2019 - House: Read second time
- 01/24/2019 - House: Committee amendments agreed to
- 01/24/2019 - House: Engrossed by House as amended HB2003E
- 01/24/2019 - House: Printed as engrossed 19102073D-E
- 01/25/2019 - House: Read third time and passed House (90-Y 7-N)
- 01/25/2019 - House: VOTE: PASSAGE (90-Y 7-N)
- 01/28/2019 - Senate: Constitutional reading dispensed
- 01/28/2019 - Senate: Referred to Committee on Finance
- 02/05/2019 - House: Impact statement from TAX (HB2003E)
- 02/12/2019 - Senate: Reported from Finance with substitute (16-Y 0-N)
- 02/12/2019 - Senate: Committee substitute printed 19106447D-S1
- 02/13/2019 - Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/14/2019 - Senate: Read third time
- 02/14/2019 - Senate: Reading of substitute waived
- 02/14/2019 - Senate: Committee substitute agreed to 19106447D-S1
- 02/14/2019 - Senate: Engrossed by Senate - committee substitute HB2003S1
- 02/14/2019 - Senate: Passed Senate with substitute (40-Y 0-N)
- 02/18/2019 - House: Placed on Calendar
- 02/18/2019 - House: Senate substitute agreed to by House 19106447D-S1 (89-Y 8-N)
- 02/18/2019 - House: VOTE: ADOPTION (89-Y 8-N)
- 02/21/2019 - House: Bill text as passed House and Senate (HB2003ER)
- 02/21/2019 - House: Enrolled
- 02/21/2019 - House: Impact statement from TAX (HB2003ER)
- 02/21/2019 - House: Signed by Speaker
- 02/21/2019 - Senate: Signed by President
- 02/28/2019 - House: Enrolled Bill communicated to Governor on February 28, 2019
- 02/28/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/21/2019 - Governor: Approved by Governor-Chapter 699 (effective 7/1/19)
- 03/21/2019 - Governor: Acts of Assembly Chapter text (CHAP0699)
