Sally Hudson
- Democratic
Primary
Sunset of coal tax credits. Sunsets the Coal Employment and Production Incentive Tax Credit and Coalfield Employment Enhancement Tax Credit after tax year 2021 and prohibits the allocation of such credits on and after January 1, 2022. The bill provides that if credits were earned prior to January 1, 2022, the credit holder may claim the credits in subsequent tax years pursuant to the applicable carryover requirements of current law; however, such credit holders would be limited to claiming $1 million in carryover credits per taxable year.
Sunset of coal tax credits. Sunsets theCoal Employment and Production Incentive Tax Credit and Coalfield Employment Enhancement Tax Credit after tax year 2020 and prohibitsthe allocation of such credits on and after January 1, 2021. Thebill provides that if credits were earned prior to January 1, 2021,the credit holder may claim the credits in subsequent tax years pursuantto the applicable carryover requirements of current law; however,such credit holders would be limited to claiming $1 million in carryovercredits per taxable year.
Approved by Governor-Chapter 553 (effective 7/1/21)
Governor's Action Deadline 11:59 p.m., May 7, 2021
Communicated to Governor
Motion to pass by Governor's recommendation agreed to
Placed on Calendar
Governor's recommendation received by House
Governor's Action Deadline 11:59 p.m., March 31, 2021
Enrolled Bill communicated to Governor on February 25, 2021
Signed by Speaker
Impact statement from TAX (HB1899ER)
Signed by President
Enrolled
Passed Senate (21-Y 17-N)
Read third time
Constitutional reading dispensed (37-Y 0-N)
Reported from Finance and Appropriations (11-Y 2-N)
Impact statement from TAX (HB1899H1)
Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed
Read third time and passed House (54-Y 45-N)
VOTE: Passage (54-Y 45-N)
Read second time
Engrossed by House - committee substitute HB1899H1
Committee substitute agreed to 21103740D-H1
Read first time
Committee substitute printed 21103740D-H1
Reported from Finance with substitute (13-Y 9-N)
Subcommittee recommends reporting with substitute (6-Y 4-N)
House subcommittee amendments and substitutes offered
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB1899)
Referred to Committee on Finance
Prefiled and ordered printed; offered 01/13/21 21101568D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/13/21 21101568D | HTML |
| Committee substitute printed 21103740D-H1 | HTML |
| HB1899ER | HTML |
| CHAP0553 | HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB1899F161.PDF | |
| Amendment: HB1899AG | HTML |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.