HB 1235 Tiered Incentive Program; Eco. Dev. Partnership to report on effect.
David A. Nutter | all patrons    ...    notes
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Summary as passed House: (all summaries)
Virginia Tiered Incentive Program. Establishes a program for providing corporate income tax credits for creation of jobs in economically distressed localities. The amount of the credit will be based on factors such as median household income and rates of unemployment. The Tax Commissioner shall promulgate regulations that are necessary or desirable to carry out the provisions of the act. This bill is a recommendation of the Rural Virginia Prosperity Commission.

Full text:
01/17/02  House: Presented & ordered printed 023770869  pdf | impact statement
02/07/02  House: Committee substitute printed 023855869-H1  pdf | impact statement

01/17/02  House: Presented & ordered printed 023770869
01/17/02  House: Referred to Committee on Finance
02/06/02  House: Reported from Finance with sub (22-Y 0-N)
02/07/02  House: Committee substitute printed 023855869-H1
02/08/02  House: Read first time
02/09/02  House: Read second time
02/09/02  House: Committee substitute agreed to 023855869-H1
02/09/02  House: Engrossed by House - committee substitute 023855869-H1
02/11/02  House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/11/02  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/11/02  House: Reconsideration of passage agreed to by House
02/11/02  House: Passed House BLOCK VOTE (100-Y 0-N)
02/11/02  House: VOTE: BLOCK VOTE PASSAGE #2 (100-Y 0-N)
02/11/02  House: Communicated to Senate
02/12/02  Senate: Constitutional reading dispensed
02/12/02  Senate: Referred to Committee on Finance
02/26/02  Senate: Continued to 2003 in Finance (14-Y 0-N)
12/09/02  Senate: Left in Finance