2024 Regular Session • Virginia Legislature
HB1429: Tangible personal property tax; exemption for indoor agriculture equipment and machinery.
Legislative Summary
Tangible personal property tax; indoor agriculture equipment and machinery. Specifies that farm machinery, farm equipment, and farm implements used by an indoor, closed, controlled-environment commercial agricultural facility are a class of farm machinery and farm implements that a locality may exempt from personal property taxation.
Bill History
1/18/2024
Presented and ordered printed 24105709D
House of Delegates
1/18/2024
Referred to Committee on Finance
House of Delegates
1/25/2024
Assigned Finance sub: Subcommittee #2
House of Delegates
1/30/2024
Subcommittee recommends reporting with substitute (8-Y 0-N)
House of Delegates
1/31/2024
Reported from Finance with substitute (22-Y 0-N)
House of Delegates
1/31/2024
Committee substitute printed 24106718D-H1
House of Delegates
1/31/2024
Incorporates HB384 (Ware)
House of Delegates
2/2/2024
Read first time
House of Delegates
2/5/2024
Read second time
House of Delegates
2/5/2024
Committee substitute agreed to 24106718D-H1
House of Delegates
2/5/2024
Engrossed by House - committee substitute HB1429H1
House of Delegates
2/6/2024
Read third time and passed House BLOCK VOTE (99-Y 0-N)
House of Delegates
2/6/2024
VOTE: Block Vote Passage (99-Y 0-N)
House of Delegates
2/7/2024
Constitutional reading dispensed
Senate
2/7/2024
Referred to Committee on Finance and Appropriations
Senate
2/15/2024
Reported from Finance and Appropriations (15-Y 0-N)
Senate
2/19/2024
Constitutional reading dispensed (38-Y 0-N)
Senate
2/20/2024
Read third time
Senate
2/20/2024
Passed Senate (40-Y 0-N)
Senate
2/26/2024
Enrolled
House of Delegates
2/26/2024
Bill text as passed House and Senate (HB1429ER)
House of Delegates
2/26/2024
Signed by Speaker
House of Delegates
2/28/2024
Signed by President
Senate
3/11/2024
Enrolled Bill communicated to Governor on March 11, 2024
House of Delegates
3/11/2024
Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
3/14/2024
Governor: Approved by Governor-Chapter 87 (effective 7/1/24)
3/14/2024
Governor: Acts of Assembly Chapter text (CHAP0087)
Amendments
Substitute for HB1429 for Committee: Finance
Substitute for HB1429 for Committee: Finance
2/1/2024Not Adopted
Roll Call Votes
Senate: Passed Senate (40-Y 0-N)
2/20/2024
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate: Constitutional reading dispensed (38-Y 0-N)
2/19/2024
38
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Senate: Reported from Finance and Appropriations (15-Y 0-N)
2/15/2024
15
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House: VOTE: Block Vote Passage (99-Y 0-N)
2/6/2024
99
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Reported from Finance with substitute (22-Y 0-N)
1/31/2024
22
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House: Subcommittee recommends reporting with substitute (8-Y 0-N)
1/30/2024
8
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Status Information
Current Status
Passed(3/14/2024)
Chamber
House of Delegates
Sine DiePrior Session
