Virginia 2019 Regular Session Status: Enacted

SB 1372 — Income tax, state; conformity of taxation system with the IRC.

Last action — Approved by Governor-Chapter 18 (effective 2/15/19)

Track this bill free

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

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House of Delegates
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 08, 2019. Enacted.

Prognosis

Likely to advance 64% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 11 sponsors

    1 primary, 10 co-sponsors signed on.

  • Mixed recorded votes

    11 passed, 1 failed in recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Advances conformity of the Commonwealth's tax code with the federal tax code to December 31, 2018, effective starting in taxable year 2018. Starting in taxable year 2019, the bill deconforms from the provisions of the federal Tax Cuts and Jobs Act (TCJA) that limit the deduction for state and local taxes and that suspend the overall limit on itemized deductions.

Bill Text

What changed in the latest version

66 added · 67 removed

Plain-language change summary

The amended bill (SB 1372) updates sections of Virginia's tax code related to college savings accounts and health care insurance deductions. It specifies that when ownership of a prepaid tuition contract or college savings account is transferred, the new owner retains tax benefits associated with that account. This change is important as it clarifies how tax deductions and benefits can be passed on, potentially making college savings more accessible for families and encouraging the use of these financial products.

→
Previous
Latest
SESSION history | hilite | pdf | print version 19106750D SENATE BILL NO.
SESSION history | hilite | pdf | print version VIRGINIA ACTS OF ASSEMBLY -- CHAPTER An Act to amend and reenact §§ 58.1-301, 58.1-322.03, and 58.1-402 of the Code of Virginia, relating to conformity of the Commonwealth's taxation system with the Internal Revenue Code;
1372 FLOOR AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by Delegate Jones, S.C.
on February 11, 2019) (Patrons Prior to Substitute--Senators Norment, DeSteph [SB 1237], Hanger [SB 1320], Stuart [SB 1443], Sturtevant [SB 1531], Dunnavant [SB 1631], McDougle [SB 1657], and Newman [SB 1739]) A BILL to amend and reenact §§ 58.1-301, 58.1-322.03, and 58.1-402 of the Code of Virginia, relating to conformity of the Commonwealth's taxation system with the Internal Revenue Code;
Be it enacted by the General Assembly of Virginia:
[S 1372] Approved   Be it enacted by the General Assembly of Virginia:
For taxable years beginning on and after January 1, 2004, any amount of intangible expenses and costs or interest expenses and costs added to the federal taxable income of a corporation pursuant to subdivision B 8 or B shall be subtracted from the federal taxable income of the related member that received such amount if such related member is subject to Virginia income tax on the same amount.
For taxable years beginning on and after January 1, 2004, any amount of intangible expenses and costs or interest expenses and costs added to the federal taxable income of a corporation pursuant to subdivision B or B 9 shall be subtracted from the federal taxable income of the related member that received such amount if such related member is subject to Virginia income tax on the same amount.
⬇ Download PDF
View plain text versions (7)

Action History

  1. Approved by Governor-Chapter 18 (effective 2/15/19)

  2. Governor's Action Deadline Midnight, February 20, 2019

  3. Enrolled Bill Communicated to Governor on February 13, 2019

  4. Signed by President

  5. Signed by Speaker

  6. Enrolled

  7. Title replaced 19106750D-H2

  8. Emergency clause added

  9. Passed House with substitute (95-Y 4-N)

  10. Reconsideration of defeated action agreed to by House

  11. Requires 80 affirmative votes to pass

  12. Defeated by House (74-Y 24-N)

  13. Pending question ordered

  14. Engrossed by House - floor substitute SB1372H2

  15. Substitute by Delegate Jones, S.C. agreed to 19106750D-H2

  16. Committee substitute rejected 19106584D-H1

  17. Passed by temporarily

  18. Read third time

  19. Floor substitute printed 19106750D-H2 (Jones, S.C.)

  20. Read second time

  21. Referred to Committee on Finance

  22. Read first time

  23. Placed on Calendar

  24. Printed as engrossed 19106153D-ES1

  25. Engrossed by Senate - committee substitute with amendment SB1372ES1

  26. Emergency clause deleted

  27. Reading of amendment waived

  28. Requires 32 affirmative votes for passage

  29. Engrossed by Senate - committee substitute SB1372S1

  30. Title replaced 19106153D-S1

  31. Substitute by Senator Saslaw ruled out of order 19106240D-S2

  32. Reading of substitute waived

  33. Read second time

  34. Passed by temporarily

  35. Floor substitute printed 19106240D-S2 (Saslaw)

  36. Read first time

  37. Incorporates SB1739 (Newman)

  38. Incorporates SB1657 (McDougle)

  39. Incorporates SB1631 (Dunnavant)

  40. Incorporates SB1531 (Sturtevant)

  41. Incorporates SB1443 (Stuart)

  42. Incorporates SB1320 (Hanger)

  43. Incorporates SB1237 (DeSteph)

  44. Referred to Committee on Finance

  45. Prefiled and ordered printed with emergency clause; offered 01/09/19 19101062D

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 10 co-sponsors · 137 not signed on · 9 voted No

Sponsors (1)

Co-sponsors (10)

Not signed on (137)

137 members have not signed on to this bill.

Show all 137 →

"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

House substitute agreed to by Senate

Passed 38 Yea · 2 Nay
Party YeaNayPresentNot Voting
Unaffiliated 38200
Total 38200
% of votes cast 95%5%0%0%
How each member voted (40)
Member Party Vote
Dance — Yea
Spruill — Yea
McClellan — Nay
Black — Yea
Carrico — Yea
Chafin — Yea
Wagner — Yea
Barbara A. Favola — Yea
Barker, George L. — Yea
Bill DeSteph — Yea
Bryce E. Reeves — Yea
Chase, Amanda F. — Yea
Cosgrove, John A., Jr. — Yea
David R. Suetterlein — Yea
David W. Marsden — Yea
Dunnavant, Siobhan S. — Yea
Ebbin, Adam P. — Yea
Edwards, John S. — Yea
Glen H. Sturtevant, Jr. — Yea
Hanger, Emmett W., Jr. — Yea
Howell, Janet D. — Yea
Jennifer B. Boysko — Yea
Jeremy S. McPike — Yea
L. Louise Lucas — Yea
Lewis, Lynwood W., Jr. — Yea
Mamie E. Locke — Nay
Mark D. Obenshain — Yea
Mark J. Peake — Yea
Mason, T. Montgomery "Monty" — Yea
Newman, Stephen D. — Yea
Norment, Thomas K., Jr. — Yea
Petersen, J. Chapman — Yea
R. Creigh Deeds — Yea
Richard H. Stuart — Yea
Ruff, Frank M., Jr. — Yea
Ryan T. McDougle — Yea
Saslaw, Richard L. — Yea
Scott A. Surovell — Yea
Vogel, Jill Holtzman — Yea
William M. Stanley, Jr. — Yea

Official roll call →

Reported from Finance with substitute

Passed 20 Yea · 1 Nay
Party YeaNayPresentNot Voting
Unaffiliated 20100
Total 20100
% of votes cast 95%5%0%0%
How each member voted (21)
Member Party Vote
Ayala — Yea
Byron — Yea
Fariss — Yea
Freitas — Yea
Lindsey — Yea
Orrock — Yea
Jones, J.C. — Yea
Carter — Nay
Filler-Corn — Yea
Heretick — Yea
Kory — Yea
Cole — Yea
Hugo — Yea
Pogge — Yea
Emily M. Jordan — Yea
Hyland F. "Buddy" Fowler, Jr. — Yea
Joseph P. McNamara — Yea
R. Lee Ware — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Robert S. Bloxom, Jr. — Yea
Vivian E. Watts — Yea

Official roll call →

Engrossment reconsidered by Senate

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Member Party Vote
Barker — Yea
Black — Yea
Carrico — Yea
Dance — Yea
Lewis — Yea
Norment — Yea
Petersen — Yea
Howell — Yea
Mason — Yea
McClellan — Yea
Spruill — Yea
Chafin — Yea
Chase — Yea
Cosgrove — Yea
Dunnavant — Yea
Edwards — Yea
Hanger — Yea
Newman — Yea
Ruff — Yea
Saslaw — Yea
Vogel — Yea
Wagner — Yea
Adam P. Ebbin — Yea
Barbara A. Favola — Yea
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Yea
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Yea
Jeremy S. McPike — Yea
L. Louise Lucas — Yea
Mamie E. Locke — Yea
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Yea
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Yea
William M. Stanley, Jr. — Yea

Official roll call →

Read third time and defeated by Senate

Failed 20 Yea · 20 Nay
Party YeaNayPresentNot Voting
Unaffiliated 202000
Total 202000
% of votes cast 50%50%0%0%
How each member voted (40)
Member Party Vote
Barker — Nay
Black — Yea
Hanger — Yea
Lewis — Nay
Norment — Yea
Petersen — Nay
Howell — Nay
Mason — Nay
McClellan — Nay
Spruill — Nay
Carrico — Yea
Chafin — Yea
Chase — Yea
Cosgrove — Yea
Dance — Nay
Dunnavant — Yea
Edwards — Nay
Newman — Nay
Ruff — Yea
Saslaw — Nay
Vogel — Yea
Wagner — Yea
Adam P. Ebbin — Nay
Barbara A. Favola — Nay
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Nay
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Nay
Jeremy S. McPike — Nay
L. Louise Lucas — Nay
Mamie E. Locke — Nay
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Nay
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Nay
William M. Stanley, Jr. — Yea

Official roll call →

Passed Senate

Passed 21 Yea · 19 Nay
Party YeaNayPresentNot Voting
Unaffiliated 211900
Total 211900
% of votes cast 53%48%0%0%
How each member voted (40)
Member Party Vote
Barker — Nay
Carrico — Yea
Cosgrove — Yea
Dance — Nay
Dunnavant — Yea
Hanger — Yea
Newman — Yea
Norment — Yea
Petersen — Nay
Wagner — Yea
Black — Yea
Chafin — Yea
Chase — Yea
Ruff — Yea
Howell — Nay
Mason — Nay
McClellan — Nay
Spruill — Nay
Edwards — Nay
Lewis — Nay
Saslaw — Nay
Vogel — Yea
Adam P. Ebbin — Nay
Barbara A. Favola — Nay
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Nay
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Nay
Jeremy S. McPike — Nay
L. Louise Lucas — Nay
Mamie E. Locke — Nay
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Nay
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Nay
William M. Stanley, Jr. — Yea

Official roll call →

Constitutional reading dispensed

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Member Party Vote
Barker — Yea
Black — Yea
Cosgrove — Yea
Hanger — Yea
Lewis — Yea
Norment — Yea
Petersen — Yea
Howell — Yea
Mason — Yea
McClellan — Yea
Spruill — Yea
Carrico — Yea
Chafin — Yea
Chase — Yea
Dance — Yea
Dunnavant — Yea
Edwards — Yea
Newman — Yea
Ruff — Yea
Saslaw — Yea
Vogel — Yea
Wagner — Yea
Adam P. Ebbin — Yea
Barbara A. Favola — Yea
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Yea
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Yea
Jeremy S. McPike — Yea
L. Louise Lucas — Yea
Mamie E. Locke — Yea
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Yea
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Yea
William M. Stanley, Jr. — Yea

Official roll call →

Amendment by Senator Norment agreed to

Passed 23 Yea · 17 Nay
Party YeaNayPresentNot Voting
Unaffiliated 231700
Total 231700
% of votes cast 58%43%0%0%
How each member voted (40)
Member Party Vote
Barker — Nay
Carrico — Yea
Cosgrove — Yea
Dance — Nay
Hanger — Yea
Lewis — Nay
Newman — Yea
Norment — Yea
Petersen — Yea
Wagner — Yea
Howell — Nay
Mason — Nay
Black — Yea
Chafin — Yea
Chase — Yea
Dunnavant — Yea
Edwards — Nay
Ruff — Yea
Vogel — Yea
McClellan — Nay
Spruill — Nay
Saslaw — Nay
Adam P. Ebbin — Nay
Barbara A. Favola — Nay
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Nay
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Nay
Jeremy S. McPike — Yea
L. Louise Lucas — Nay
Mamie E. Locke — Nay
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Nay
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Nay
William M. Stanley, Jr. — Yea

Official roll call →

Reconsideration of defeated action agreed to by Senate

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Member Party Vote
Barker — Yea
Carrico — Yea
Chafin — Yea
Cosgrove — Yea
Hanger — Yea
Norment — Yea
Petersen — Yea
Black — Yea
Howell — Yea
Mason — Yea
McClellan — Yea
Spruill — Yea
Chase — Yea
Dance — Yea
Dunnavant — Yea
Edwards — Yea
Lewis — Yea
Newman — Yea
Ruff — Yea
Saslaw — Yea
Vogel — Yea
Wagner — Yea
Adam P. Ebbin — Yea
Barbara A. Favola — Yea
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Yea
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Yea
Jeremy S. McPike — Yea
L. Louise Lucas — Yea
Mamie E. Locke — Yea
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Yea
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Yea
William M. Stanley, Jr. — Yea

Official roll call →

Committee substitute agreed to

Passed 21 Yea · 19 Nay
Party YeaNayPresentNot Voting
Unaffiliated 211900
Total 211900
% of votes cast 53%48%0%0%
How each member voted (40)
Member Party Vote
Barker — Nay
Black — Yea
Carrico — Yea
Edwards — Nay
Hanger — Yea
Norment — Yea
Petersen — Nay
Ruff — Yea
Saslaw — Nay
Chafin — Yea
Chase — Yea
Cosgrove — Yea
Dunnavant — Yea
Newman — Yea
Howell — Nay
Mason — Nay
McClellan — Nay
Spruill — Nay
Dance — Nay
Lewis — Nay
Vogel — Yea
Wagner — Yea
Adam P. Ebbin — Nay
Barbara A. Favola — Nay
Bill DeSteph — Yea
Bryce E. Reeves — Yea
David R. Suetterlein — Yea
David W. Marsden — Nay
Glen H. Sturtevant, Jr. — Yea
Jennifer B. Boysko — Nay
Jeremy S. McPike — Nay
L. Louise Lucas — Nay
Mamie E. Locke — Nay
Mark D. Obenshain — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Nay
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Nay
William M. Stanley, Jr. — Yea

Official roll call →

Reported from Finance with substitute

Passed 11 Yea · 5 Nay
Party YeaNayPresentNot Voting
Unaffiliated 11500
Total 11500
% of votes cast 69%31%0%0%
How each member voted (16)
Member Party Vote
Barker — Nay
Carrico — Yea
Dunnavant — Yea
Hanger — Yea
Norment — Yea
Ruff — Yea
Howell — Nay
Dance — Nay
Newman — Yea
Saslaw — Nay
Vogel — Yea
Wagner — Yea
L. Louise Lucas — Nay
Mark D. Obenshain — Yea
Richard H. Stuart — Yea
Ryan T. McDougle — Yea

Official roll call →

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 SB 1372 do?
Advances conformity of the Commonwealth's tax code with the federal tax code to December 31, 2018, effective starting in taxable year 2018. Starting in taxable year 2019, the bill deconforms from the provisions of the federal Tax Cuts and Jobs Act (TCJA) that limit the deduction for state and local taxes and that suspend the overall limit on itemized deductions.
Who sponsors SB 1372?
SB 1372 is sponsored by David R. Suetterlein, A. Benton "Ben" Chafin, Bill DeSteph, Glen H. Sturtevant, Jr., Richard H. Stuart, Ryan T. McDougle, Hanger, Emmett W., Jr., Dunnavant, Siobhan S., Norment, Thomas K., Jr., Chase, Amanda F., and Newman, Stephen D..
What is the current status of SB 1372?
This bill has been enacted into law. Introduced January 08, 2019. Enacted.
Where can I track SB 1372?
Track SB 1372 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 1372

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 SB 1372

Last checked for changes 3 months ago · updated continuously

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

Track this bill →