2023 Regular Session • Virginia Legislature
HB1481: Internet root infrastructure providers; taxation of corporations, apportionment.
Legislative Summary
Taxation of corporations; apportionment; Internet root infrastructure providers. Provides that Internet root infrastructure providers, defined in the bill, that meet certain criteria and choose to enter into a memorandum of understanding with the Virginia Economic Development Partnership Authority may use a hybrid sales factor in their income apportionment calculations when filing Virginia corporate income tax returns. The bill is effective for taxable years beginning on and after January 1, 2023, provided that the provider and the Authority enter into an MOU no later than December 1, 2023.
Bill History
12/30/2022
Prefiled and ordered printed; offered 01/11/23 23101101D
House of Delegates
12/30/2022
Referred to Committee on Finance
House of Delegates
1/19/2023
Assigned Finance sub: Subcommittee #1
House of Delegates
1/30/2023
Subcommittee recommends reporting with substitute (8-Y 0-N)
House of Delegates
2/1/2023
Reported from Finance with substitute (22-Y 0-N)
House of Delegates
2/1/2023
Committee substitute printed 23105234D-H1
House of Delegates
2/1/2023
Referred to Committee on Appropriations
House of Delegates
2/3/2023
Reported from Appropriations with substitute (21-Y 0-N)
House of Delegates
2/3/2023
Committee substitute printed 23106036D-H2
House of Delegates
2/5/2023
Read first time
House of Delegates
2/6/2023
Passed by temporarily
House of Delegates
2/6/2023
Read second time
House of Delegates
2/6/2023
Committee on Finance substitute rejected 23105234D-H1
House of Delegates
2/6/2023
Committee on Appropriations substitute agreed to 23106036D-H2
House of Delegates
2/6/2023
Engrossed by House - committee substitute HB1481H2
House of Delegates
2/7/2023
Read third time and passed House BLOCK VOTE (99-Y 0-N)
House of Delegates
2/7/2023
VOTE: Block Vote Passage (99-Y 0-N)
House of Delegates
2/8/2023
Constitutional reading dispensed
Senate
2/8/2023
Referred to Committee on Finance and Appropriations
Senate
2/14/2023
Reported from Finance and Appropriations with substitute (15-Y 0-N 1-A)
Senate
2/14/2023
Committee substitute printed 23106803D-S1
Senate
2/14/2023
Constitutional reading dispensed (40-Y 0-N)
Senate
2/15/2023
Read third time
Senate
2/15/2023
Reading of substitute waived
Senate
2/15/2023
Committee substitute agreed to 23106803D-S1
Senate
2/15/2023
Engrossed by Senate - committee substitute HB1481S1
Senate
2/15/2023
Passed Senate with substitute (39-Y 0-N 1-A)
Senate
2/15/2023
Passed by temporarily
House of Delegates
2/15/2023
Senate substitute agreed to by House 23106803D-S1 (96-Y 0-N)
House of Delegates
2/15/2023
VOTE: Adoption (96-Y 0-N)
House of Delegates
2/20/2023
Enrolled
House of Delegates
2/20/2023
Bill text as passed House and Senate (HB1481ER)
House of Delegates
2/20/2023
Signed by Speaker
House of Delegates
2/21/2023
Signed by President
Senate
3/2/2023
Enrolled Bill communicated to Governor on March 2, 2023
House of Delegates
3/2/2023
Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
3/23/2023
Governor: Approved by Governor-Chapter 405 (effective - see bill)
3/23/2023
Governor: Acts of Assembly Chapter text (CHAP0405)
Amendments
Substitute for HB1481 for S-Finance and Appropriations
Substitute for HB1481 for S-Finance and Appropriations
2/14/2023Not Adopted
Substitute for HB1481 Finance, Subcommittee #1
Substitute for HB1481 Finance, Subcommittee #1
1/30/2023Not Adopted
Substitute for HB1481 Finance, Subcommittee #1
Substitute for HB1481 Finance, Subcommittee #1
1/30/2023Adopted
Roll Call Votes
Senate: Passed Senate with substitute (39-Y 0-N 1-A)
2/15/2023
39
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED
House: VOTE: Adoption (96-Y 0-N)
2/15/2023
96
Yea
0
Nay
0
Not Voting
4
Absent
Result: PASSED
Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N 1-A)
2/14/2023
15
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED
Senate: Constitutional reading dispensed (40-Y 0-N)
2/14/2023
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House: VOTE: Block Vote Passage (99-Y 0-N)
2/7/2023
99
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Reported from Appropriations with substitute (21-Y 0-N)
2/3/2023
21
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Reported from Finance with substitute (22-Y 0-N)
2/1/2023
22
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House: Subcommittee recommends reporting with substitute (8-Y 0-N)
1/30/2023
8
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Passed(3/23/2023)
Chamber
House of Delegates
Sine DiePrior Session
