VAHB-1015Enacted

Agricultural best management practices & agricultural equipment purchase tax credits; sunset date.

Jurisdiction:
Virginia
Type:
Incentives
Last action:
Mar 28, 2024
AgricultureBiobased
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Bill extends tax credits for agricultural best management practices and conservation tillage equipment, supporting regenerative agriculture and soil health within the biological cycle of circular economy policy.
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Virginia General Assembly LIS Home LIS Help Privacy Statement Live Help LIS Classic Login SEARCH SITE QUICK LINKS - - - - - - - - - - - - - - Log in LIS Home General Assembly Home - - - - - - - - - - - - - - Session Tracking: Bills & Resolutions Members Committees Meetings Calendars Communications House Minutes Senate Minutes Statistics Lobbyist-in-a-Box Personal lists - - - - - - - - - - - - - - Search: Code of Virginia Administrative Code Bills & Resolutions Summaries OTHER SESSIONS - - - - - - - - - - - - - - 2024 Session 2024 Special Session I 2023 Session 2023 Special Session I 2022 Session 2022 Special Session I 2021 Session 2021 Special Session I 2021 Special Session II 2020 Session 2020 Special Session I 2019 Session 2019 Special Session I 2018 Session 2018 Special Session I 2018 Special Session II 2017 Session 2016 Session 2015 Session 2015 Special Session I 2014 Session 2014 Special Session I 2013 Session 2013 Special Session I 2012 Session 2012 Special Session I 2011 Session 2011 Special Session I 2010 Session 2009 Session 2009 Special Session I 2008 Session 2008 Special Session I 2008 Special Session II 2007 Session 2006 Session 2006 Special Session I 2005 Session 2004 Session 2004 Special Session I 2004 Special Session II 2003 Session 2002 Session 2001 Session 2001 Special Session I 2000 Session 1999 Session 1998 Session 1998 Special Session I 1997 Session 1996 Session 1995 Session 1994 Session 1994 Special Session I 1994 Special Session II VIRGINIA LAW PORTAL Code of Virginia Virginia Administrative Code Constitution of Virginia Charters Authorities Compacts Uncodified Acts RIS Users (account required) SEARCHABLE DATABASES Bills & Resolutions session legislation Bill Summaries session summaries Reports to the General Assembly House and Senate documents Legislative Liaisons State agency contacts ACROSS SESSIONS Subject Index: Since 1995 Bills & Resolutions: Since 1994 Summaries: Since 1994 Developed and maintained by the Division of Legislative Automated Systems. 2024 SESSION | print version HB 1015 Agricultural best management practices & agricultural equipment purchase tax credits; sunset date. Introduced by: Tony O. Wilt | all patrons ... notes | add to my profiles SUMMARY AS INTRODUCED: Agricultural best management practices tax credit; agricultural equipment purchase tax credit; sunset date. Extends from January 1, 2025, to January 1, 2030, the sunset date of the individual and corporate agricultural best management practices income tax credit and extends from January 1, 2026, to January 1, 2030, the sunset date of the individual and corporate income tax credit for the purchase of conservation tillage and precision agricultural application equipment. FULL TEXT 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24101058D pdf | impact statement 02/28/24 House: Bill text as passed House and Senate (HB1015ER) pdf | impact statement 03/28/24 Governor: Acts of Assembly Chapter text (CHAP0212) pdf HISTORY 01/10/24 House: Prefiled and ordered printed; offered 01/10/24 24101058D 01/10/24 House: Referred to Committee on Finance 02/02/24 House: Assigned Finance sub: Subcommittee #1 02/05/24 House: Subcommittee recommends reporting (7-Y 1-N) 02/07/24 House: Reported from Finance (21-Y 0-N) 02/09/24 House: Read first time 02/12/24 House: Read second time and engrossed 02/13/24 House: Read third time and passed House BLOCK VOTE (99-Y 0-N) 02/13/24 House: VOTE: Block Vote Passage (99-Y 0-N) 02/14/24 Senate: Constitutional reading dispensed 02/14/24 Senate: Referred to Committee on Finance and Appropriations 02/21/24 Senate: Reported from Finance and Appropriations (14-Y 0-N) 02/22/24 Senate: Constitutional reading dispensed (40-Y 0-N) 02/23/24 Senate: Read third time 02/23/24 Senate: Passed Senate (39-Y 0-N) 02/28/24 House: Enrolled 02/28/24 House: Bill text as passed House and Senate (HB1015ER) 02/28/24 House: Signed by Speaker 03/02/24 Senate: Signed by President 03/11/24 House: Enrolled Bill communicated to Governor on March 11, 2024 03/11/24 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024 03/28/24 Governor: Approved by Governor-Chapter 212 (effective 7/1/24) 03/28/24 Governor: Acts of Assembly Chapter text (CHAP0212)

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