Virginia 2021 Regular Session Status: Died

HB 1787 — Income tax, state; establishes an exclusion for Paycheck Protection Plan loan forgiveness.

Last action — Tabled in Finance (13-Y 9-N)

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 2021 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Income tax exclusion for Paycheck ProtectionPlan loan forgiveness. Establishes an income tax exclusion forforgiveness of indebtedness on a loan received under the CoronavirusAid, Relief, and Economic Security (CARES) Act through the PaycheckProtection Plan. The exclusion would be available starting in taxableyear 2020.

Bill Text

Action History

  1. Tabled in Finance (13-Y 9-N)

  2. Impact statement from TAX (HB1787)

  3. Referred to Committee on Finance

  4. Prefiled and ordered printed; offered 01/13/21 21100165D

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 147 not signed on · 8 voted No

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 members have not signed on to this bill.

Show all 147 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Tabled in Finance (13-Y 9-N)

Passed 13 Yea · 9 Nay
Party YeaNayPresentNot Voting
Unaffiliated 13900
Total 13900
% of votes cast 59%41%0%0%
How each member voted (22)
Member Party Vote
Ayala, Hala S. — Yea
Byron, Kathy J. — Nay
Campbell, Ronnie R. — Nay
Carter, Lee J. — Yea
Don Scott — Yea
Fowler, Hyland F."Buddy," Jr. — Nay
Gilbert, C. Todd — Nay
Heretick, Steve E. — Yea
Hudson, Sally L. — Yea
Joseph P. McNamara — Nay
Keam, Mark L. — Yea
Kory, Kaye — Yea
Mugler, Martha M. — Yea
Mundon King, Candi — Yea
Murphy, Kathleen — Yea
Orrock, Robert D., Sr. — Nay
Poindexter, Charles D. — Nay
R. Lee Ware — Nay
Richard C. "Rip" Sullivan, Jr. — Yea
Rodney T. Willett — Yea
Thomas C. Wright, Jr. — Nay
Vivian E. Watts — Yea

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 1787 do?
Income tax exclusion for Paycheck ProtectionPlan loan forgiveness. Establishes an income tax exclusion forforgiveness of indebtedness on a loan received under the CoronavirusAid, Relief, and Economic Security (CARES) Act through the PaycheckProtection Plan. The exclusion would be available starting in taxableyear 2020.
Who sponsors HB 1787?
HB 1787 is sponsored by Joseph P. McNamara.
What is the current status of HB 1787?
This bill died with 2021 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 1787?
Track HB 1787 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 1787

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 1787

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →