SB 1168 Neighborhood Assistance Act; reorganizes provisions of tax credit program.
Bill R. DeSteph, Jr. | all patrons    ...    notes
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Summary as passed: (all summaries)

Neighborhood Assistance Act Tax Credit program. Reorganizes the provisions of the Neighborhood Assistance Act Tax Credit program to set out separate sections for the portions of the program administered by the State Department of Social Services and the Department of Education. The requirements of the two components of the program differ slightly, and separating the provisions provides clarity in understanding the application and allocation process.

The bill modifies the requirement that at least 10 percent of all available tax credits be allocated to organizations that have not previously received tax credits by providing that the allocation for such organizations is required only if the General Assembly increases the amount of available credits year over year. The bill requires that the allocation be at least 10 percent of credits created by the increase rather than 10 percent of all available credits. Current law limits credits to $9 million for education proposals approved by the Superintendent of Public Instruction and $8 million for proposals approved by the Commissioner of Social Services.

The bill provides that, for proposals to the Department of Education, expenditures for teacher salaries shall count toward the requirement that at least 50 percent of a neighborhood organization's revenues be used to provide services to low-income persons or to eligible students with disabilities.

Full text:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100666D  pdf | impact statement
02/13/17  House: Committee substitute printed 17105334D-H1  pdf
02/23/17  Senate: Conference substitute printed 17105724D-S1  pdf
03/07/17  Senate: Bill text as passed Senate and House (SB1168ER)  pdf | impact statement
03/24/17  Governor: Acts of Assembly Chapter text (CHAP0724)  pdf

Amendments:
Conference amendments

Status:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100666D
01/09/17  Senate: Referred to Committee on Finance
01/31/17  Senate: Reported from Finance (10-Y 0-N)
02/01/17  Senate: Constitutional reading dispensed (40-Y 0-N)
02/02/17  Senate: Read second time and engrossed
02/02/17  Senate: Constitutional reading dispensed (40-Y 0-N)
02/02/17  Senate: Passed Senate (40-Y 0-N)
02/06/17  House: Placed on Calendar
02/06/17  House: Read first time
02/06/17  House: Referred to Committee on Finance
02/07/17  House: Assigned Finance sub: Subcommittee #2
02/08/17  House: Subcommittee recommends reporting (10-Y 0-N)
02/13/17  House: Reported from Finance with substitute (21-Y 1-N)
02/13/17  House: Committee substitute printed 17105334D-H1
02/14/17  House: Read second time
02/15/17  House: Read third time
02/15/17  House: Committee substitute agreed to 17105334D-H1
02/15/17  House: Engrossed by House - committee substitute SB1168H1
02/15/17  House: Passed House with substitute (98-Y 0-N)
02/15/17  House: VOTE: PASSAGE (98-Y 0-N)
02/15/17  Senate: House substitute rejected by Senate (0-Y 38-N)
02/15/17  House: House insisted on substitute
02/15/17  House: House requested conference committee
02/15/17  Senate: Senate acceded to request (35-Y 1-N)
02/15/17  Senate: Conferees appointed by Senate
02/15/17  Senate: Senators: DeSteph, Dunnavant, Spruill
02/15/17  House: Conferees appointed by House
02/15/17  House: Delegates: Orrock, Farrell, Heretick
02/23/17  Conference: Amended by conference committee
02/23/17  Senate: Conference substitute printed 17105724D-S1
02/24/17  Senate: Conference report agreed to by Senate (40-Y 0-N)
02/24/17  House: Conference report agreed to by House (93-Y 0-N)
02/24/17  House: VOTE: ADOPTION (93-Y 0-N)
03/07/17  Senate: Enrolled
03/07/17  Senate: Bill text as passed Senate and House (SB1168ER)
03/07/17  House: Signed by Speaker
03/10/17  Senate: Signed by President
03/13/17  Senate: Enrolled Bill Communicated to Governor on 3/13/17
03/13/17  Governor: Governor's Action Deadline Midnight, March 27, 2017
03/24/17  Governor: Approved by Governor-Chapter 724 (effective 7/1/17)
03/24/17  Governor: Acts of Assembly Chapter text (CHAP0724)