SB 1012

  • Virginia Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Jan 16, 2020
  • Passed Senate Feb 03, 2020
  • House
  • Governor

Income tax, state; subtraction for certain low-income and middle-income students, effective clause.

Abstract

Individual income tax subtraction for certain low-income and middle-income students. Establishes an individual income tax subtraction starting in taxable year 2021 for any financial assistance received by a student through the Get Skilled, Get a Job, Give Back Program, which was included in the Governor's introduced budget and would offer financial assistance to low-income and middle-income Virginia residents. The provisions of the bill are contingent on funding in a general appropriation act.

Individual income tax subtraction for certainlow-income and middle-income students. Establishes an individualincome tax subtraction starting in taxable year 2020 for any financial assistance received by a student through the Get Skilled, Get a Job,Give Back Program, which program was included in the Governor's introducedbudget and would offer financial assistance to low-income and middle-incomeVirginia residents.

Bill Sponsors (1)

Votes


Actions


Mar 03, 2020

House

Left in Appropriations

Feb 19, 2020

House

Referred to Committee on Appropriations

House

Reported from Finance with amendment (22-Y 0-N)

Feb 17, 2020

House

Subcommittee recommends referring to Committee on Appropriations

House

Subcommittee recommends reporting with amendment (9-Y 0-N)

Feb 14, 2020

Senate

Impact statement from TAX (SB1012E)

Feb 13, 2020

House

Assigned Finance sub: Subcommittee #1

Feb 12, 2020

House

Read first time

House

Referred to Committee on Finance

House

Placed on Calendar

Feb 03, 2020

Senate

Read third time and passed Senate (40-Y 0-N)

Jan 31, 2020

Senate

Printed as engrossed 20104967D-E

Senate

Engrossed by Senate as amended SB1012E

Senate

Committee amendments agreed to

Senate

Reading of amendments waived

Senate

Read second time

Jan 30, 2020

Senate

Constitutional reading dispensed (37-Y 0-N)

Jan 29, 2020

Senate

Reported from Finance and Appropriations with amendments (15-Y 0-N)

Jan 27, 2020

Senate

Impact statement from TAX (SB1012)

Jan 16, 2020

Senate

Referred to Committee on Finance and Appropriations

Senate

Presented and ordered printed 20104967D

Bill Text

Bill Text Versions Format
Impact statement from TAX (SB1012) HTML
Engrossed by Senate as amended SB1012E HTML

Related Documents

Document Format
Amendment: SB1012AS HTML
Amendment: SB1012AH HTML

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

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