Passed Virginia Firearm Legislation HB2387
Legislation Overview
Title: Income tax, state; firearm safety device tax credit.
Subject: Income Tax: Taxation: Firearms
Description: Firearm safety device tax credit. Establishes a nonrefundable income tax credit for taxable years 2023 through 2027 for individuals who purchase one or more firearm safety devices, as defined in the bill, in an eligible transaction, as defined in the bill. An individual who properly claims this credit shall be allowed a credit in the amount of up to $300 for the cost incurred in such purchase. The aggregate amount of credits allowable under the provisions of the bill shall not exceed $5 million per taxable year. Firearm safety device tax credit. Establishes a nonrefundable income tax credit for taxable years 2023 through 2027 for individuals who purchase one or more firearm safety devices, as defined in the bill, in an eligible transaction, as defined in the bill. An individual who properly claims this credit shall be allowed a credit in the amount of up to $300 for the cost incurred in such purchase. The aggregate amount of credits allowable under the provisions of the bill shall not exceed $5 million per taxable year.
Session: 2023 Regular Session
Last Action: Governor: Acts of Assembly Chapter text (CHAP0220)
Last Action Date: March 22, 2023
Sponsors
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
42 sponsors: Alfonso Lopez (D); Marcus Simon (D); Dawn Adams (D); Lamont Bagby (D); Elizabeth Bennett-Parker (D); Jeffrey Bourne (D); David Bulova (D); Betsy Carr (D); Nadarius Clark (D); Karrie Delaney (D); Eileen Filler-Corn (D); Jackie Glass (D);Wendy Gooditis (D); Elizabeth Guzman (D); C.E. Hayes (D); Charniele Herring (D); Patrick Hope (D); Clinton Jenkins (D); Kaye Kory (D); Paul Krizek (D); Michelle Maldonado (D); Delores McQuinn (D); Michael Mullin (D); Candi Mundon King (D); Kathleen Murphy (D); Kenneth Plum (D); Marcia Price (D); Danica Roem (D); Don Scott (D); Holly Seibold (D);Briana Sewell (D); Irene Shin (D); Mark Sickles (D); Shelly Simonds (D); Suhas Subramanyam (D); Richard Sullivan (D); Luke Torian (D); Schuyler VanValkenburg (D); Jeion Ward (D); Vivian Watts (D); Rodney Willett (D); Angelia Williams Graves (D);
Percentage of House Of Delegates sponsoring bill: 42% (42 of 100)
History
| Chamber | Date | Action |
| Mar 22, 2023 | Governor: Acts of Assembly Chapter text (CHAP0220) | |
| Mar 22, 2023 | Governor: Approved by Governor-Chapter 220 (effective 7/1/23) | |
| Mar 2, 2023 | Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023 | |
| House | Mar 2, 2023 | Enrolled Bill communicated to Governor on March 2, 2023 |
| Senate | Feb 21, 2023 | Signed by President |
| House | Feb 20, 2023 | Bill text as passed House and Senate (HB2387ER) |
| House | Feb 20, 2023 | Signed by Speaker |
| House | Feb 20, 2023 | Enrolled |
| House | Feb 15, 2023 | VOTE: Adoption (91-Y 4-N 1-A) |
| Senate | Feb 15, 2023 | Committee substitute agreed to 23106728D-S1 |
| Senate | Feb 15, 2023 | Reading of substitute waived |
| Senate | Feb 15, 2023 | Read third time |
| House | Feb 15, 2023 | Senate substitute agreed to by House 23106728D-S1 (91-Y 4-N 1-A) |
| Senate | Feb 15, 2023 | Passed Senate with substitute (40-Y 0-N) |
| Senate | Feb 15, 2023 | Engrossed by Senate - committee substitute HB2387S1 |
| Senate | Feb 14, 2023 | Committee substitute printed 23106728D-S1 |
| Senate | Feb 14, 2023 | Constitutional reading dispensed (40-Y 0-N) |
| Senate | Feb 14, 2023 | Reported from Finance and Appropriations with substitute (16-Y 0-N) |
| Senate | Feb 13, 2023 | Rereferred to Finance and Appropriations |
| Senate | Feb 13, 2023 | Reported from Judiciary (15-Y 0-N) |
| Senate | Feb 8, 2023 | Referred to Committee on the Judiciary |
| Senate | Feb 8, 2023 | Constitutional reading dispensed |
| House | Feb 7, 2023 | VOTE: Passage (98-Y 1-N) |
| House | Feb 7, 2023 | Read third time and passed House (98-Y 1-N) |
| House | Feb 6, 2023 | Read second time |
| House | Feb 6, 2023 | Committee on Finance amendment agreed to |
| House | Feb 6, 2023 | Printed as engrossed 23103758D-E |
| House | Feb 6, 2023 | Engrossed by House as amended HB2387E |
| House | Feb 6, 2023 | Committee on Appropriations amendment agreed to |
| House | Feb 5, 2023 | Read first time |
| House | Feb 3, 2023 | Reported from Appropriations with amendment(s) (21-Y 0-N) |
| House | Feb 1, 2023 | Referred to Committee on Appropriations |
| House | Feb 1, 2023 | Reported from Finance with amendment(s) (21-Y 1-N) |
| House | Jan 31, 2023 | Subcommittee recommends reporting with amendments (8-Y 0-N) |
| House | Jan 30, 2023 | Assigned Finance sub: Subcommittee #2 |
| House | Jan 16, 2023 | Referred to Committee on Finance |
| House | Jan 16, 2023 | Presented and ordered printed 23103758D |
Texts
| Type | Date | State Link | Text |
| Chaptered | Mar 22, 2023 | state link | bill text |
| Enrolled | Feb 20, 2023 | state link | bill text |
| Comm Sub | Feb 14, 2023 | state link | bill text |
| Engrossed | Feb 6, 2023 | state link | bill text |
| Introduced | Jan 16, 2023 | state link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| Substitute for HB2387 for S-Finance and Appropriations | Substitute for HB2387 for S-Finance and Appropriations | Feb 14, 2023 | State Link | amendment text | No |
| Amendment(s) for HB2387 Finance, Subcommittee #2 | Amendment(s) for HB2387 Finance, Subcommittee #2 | Jan 31, 2023 | State Link | amendment text | No |
| House committee amendments reported | House committee amendments reported | Dec 17, 2017 | State Link | amendment text | No |
Votes - Click on description to view vote roll call
| Description | Vote Date | Yea Votes | Nay Votes | No Votes | Absent | Passed |
| House: Subcommittee recommends reporting with amendments (8-Y 0-N) | 01/31/2023 | 8 | 0 | 0 | 0 | Yes |
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| House: Reported from Finance with amendment(s) (21-Y 1-N) | 02/1/2023 | 21 | 1 | 0 | 0 | Yes |
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| House: Reported from Appropriations with amendment(s) (21-Y 0-N) | 02/3/2023 | 21 | 0 | 0 | 1 | Yes |
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| resort votes by: party yeas nays name | ||||||
| House: VOTE: Passage (98-Y 1-N) | 02/7/2023 | 98 | 1 | 0 | 1 | Yes |
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| resort votes by: party yeas nays name | ||||||
| Senate: Reported from Judiciary (15-Y 0-N) | 02/13/2023 | 15 | 0 | 0 | 0 | Yes |
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| Senate: Reported from Finance and Appropriations with substitute (16-Y 0-N) | 02/14/2023 | 16 | 0 | 0 | 0 | Yes |
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| resort votes by: party yeas nays name | ||||||
| Senate: Constitutional reading dispensed (40-Y 0-N) | 02/14/2023 | 40 | 0 | 0 | 0 | Yes |
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| resort votes by: party yeas nays name | ||||||
| Senate: Passed Senate with substitute (40-Y 0-N) | 02/15/2023 | 40 | 0 | 0 | 0 | Yes |
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| resort votes by: party yeas nays name | ||||||
| House: VOTE: Adoption (91-Y 4-N 1-A) | 02/15/2023 | 91 | 4 | 1 | 4 | Yes |
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| resort votes by: party yeas nays name | ||||||
Link: link to state bill page
