BPOL tax; maximum fee and tax rates established by a locality. [HB-10]
BPOL tax; maximum fee and tax rates established. Prohibits a locality from increasing its local license (BPOL) fees or taxes above the rates of its BPOL fees and taxes imposed for the 2011 license year. The prohibition on increasing BPOL fees and taxes expires beginning with the 2015 license year. The bill also authorizes a locality to impose the BPOL tax on (i) gross receipts or (ii) the Virginia taxable income of a corporation, the net income of a sole proprietorship, and the net income of a pass-through entity.
HB-10: BPOL tax; maximum fee and tax rates established by a locality.
Sponsored by: Rep. Mark Cole
Senate: Committee Substitute Printed 12105764d-s1 on 02/29/2012
Telework expenses tax credit; raises cap on aggregate amount available in years 2012 and 2013. [HB-1000]
Telework expenses tax credit. Raises the cap on the aggregate amount of tax credits available in calendar years 2012 and 2013 for telework expenses from $1 million to $1.5 million. The bill also raises the cap on the amount of credits that can be claimed by an employer from $50,000 per employer to $75,000 per employer.
HB-1000: Telework expenses tax credit; raises cap on aggregate amount available in years 2012 and 2013.
Sponsored by: Rep. Gordon Helsel
House: Continued To 2013 In Finance By Voice Vote on 02/10/2012
Immigration laws; agreement with United States Immigration and Customs Enforcement. [HB-1001]
Enforcement of immigration laws; agreement with United States Immigration and Customs Enforcement. Provides that the Superintendent of State Police shall seek to enter into a memorandum of agreement with United States Department of Homeland Security, Immigration and Customs Enforcement, as authorized under 8 U.S.C. §1357(g), to permit the State Police to perform federal immigration law-enforcement functions in the Commonwealth after arrest of an alien.
HB-1001: Immigration laws; agreement with United States Immigration and Customs Enforcement.
Sponsored by: Rep. Mark Cole
Senate: Continued To 2013 In Courts Of Justice on 03/06/2012
Renewable energy portfolio standard program; eliminates Performance Incentive provision. [HB-1017]
Renewable energy portfolio standard program. Eliminates the Performance Incentive provision in the renewable energy portfolio standard program that entitles any investor-owned electric utility to a 50 basis point increase in its authorized combined rate of return on common equity if it meets the program's RPS Goals. The measure retains provisions that allow a utility to recover its costs associated with meeting the RPS Goals, but provides that a utility that exceeds the RPS Goals shall not recover the incremental costs associated with exceeding
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HB-1017: Renewable energy portfolio standard program; eliminates Performance Incentive provision.
Sponsored by: Rep. S. Chris Jones
House: Left In Commerce And Labor (0-y 0-n) on 02/14/2012
Renewable energy portfolio standard program; credits for investments. [HB-1102]
Renewable energy portfolio standard program; credits for investments. Allows any investor-owned electric utility that participates in the renewable energy portfolio standard program to meet up to 20 percent of an RPS Goal through certificates evidencing the utility's expenses in conducting research and development activities in Virginia related to renewable or alternative energy sources. To qualify, such expenses shall either (i) be designed to enhance the participating utility's understanding of emerging energy technologies and their potential
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HB-1102: Renewable energy portfolio standard program; credits for investments.
Sponsored by: Rep. John O'Bannon
Governor: Acts Of Assembly Chapter Text (chap0274) on 03/20/2012
Human embryos; research prohibited, penalty. [HB-1162]
Research using human embryos prohibited; penalty. Prohibits nontherapeutic research that destroys a human embryo or subjects such embryo to substantial risk of injury or death; the bill also prohibits the use of any cells or tissues taken by destroying or harming a human embryo. This prohibition does not apply to in vitro fertilization or any diagnostic test which may assist in the future care of a child subjected to such tests as an embryo. A violation of the provisions of the bill is a Class 1 misdemeanor.
HB-1162: Human embryos; research prohibited, penalty.
Sponsored by: Rep. Benjamin Cline
House: Left In Rules on 02/14/2012