Liz Guzmán
- Democratic
Tax credit for participating landlords; eligible housing areas. Expands the definition of "eligible housing area" for the housing choice voucher tax credit to include Virginia census tracts in the Washington-Arlington-Alexandria Metropolitan Statistical Area in which less than 10 percent of the population lives below the poverty level. Landlords who rent qualified housing units within such areas are eligible for an income tax credit. Current law only applies to such areas within the Richmond and Virginia Beach-Norfolk-Newport News Metropolitan Statistical Areas.The bill establishes a 2025 sunset date on the credit. The bill incorporates HB 1014 and is identical to SB 200.
Tax credit for participating landlords; eligible housing areas. Expands the definition of "eligible housing area" for the housing choice voucher tax credit to include Virginia census tracts in the Washington-Arlington-Alexandria Metropolitan Statistical Area in which less than 10 percent of the population lives below the poverty level. Landlords who rent qualified housing units within such areas are eligible for an income tax credit. Current law only applies to such areas within the Richmond and Virginia Beach-Norfolk-Newport News Metropolitan Statistical Areas. The bill incorporates HB 1014.
Tax credit for participating landlords; eligiblehousing areas. Expands the definition of "eligible housing area"for the housing choice voucher tax credit to include Virginia censustracts in the Washington-Arlington-Alexandria Metropolitan StatisticalArea in which less than 10 percent of the population lives belowthe poverty level. Landlords who rent qualified housing units withinsuch areas are eligible for an income tax credit. Current law only applies to such areas within the Richmond and Virginia Beach-Norfolk-Newport News Metropolitan Statistical Areas.
Approved by Governor-Chapter 430 (effective 7/1/20)
Impact statement from TAX (HB590ER)
Governor's Action Deadline 11:59 p.m., April 11, 2020
Enrolled Bill communicated to Governor on March 6, 2020
Signed by Speaker
Signed by President
Enrolled
Senate amendments agreed to by House (52-Y 44-N)
VOTE: Adoption (52-Y 44-N)
Placed on Calendar
Read third time
Passed Senate with amendments (40-Y 0-N)
Engrossed by Senate as amended
Committee amendments agreed to
Reading of amendments waived
Constitutional reading dispensed (39-Y 0-N)
Reported from Finance and Appropriations with amendments (13-Y 0-N)
Impact statement from TAX (HB590H1)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed
Read third time and passed House (63-Y 36-N)
VOTE: Passage (63-Y 36-N)
Read second time
Engrossed by House - committee substitute HB590H1
Committee substitute agreed to 20105800D-H1
Read first time
House committee, floor amendments and substitutes offered
Incorporates HB1014 (Herring)
Committee substitute printed 20105800D-H1
Reported from Finance with substitute (14-Y 7-N)
Impact statement from TAX (HB590)
Referred to Committee on Finance
Prefiled and ordered printed; offered 01/08/20 20100622D
Bill Text Versions | Format |
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Impact statement from TAX (HB590) | HTML |
Engrossed by House - committee substitute HB590H1 | HTML |
Bill text as passed House and Senate (HB590ER) | HTML |
Acts of Assembly Chapter text (CHAP0430) | HTML |
Document | Format |
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Amendment: HB590ASE | HTML |
Amendment: HB590AS | HTML |
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