Proposed Virginia Firearm Legislation HB2393
Legislation Overview
Title: Income tax, state; tax credit for purchase of gun safe.
Subject: Income Tax: Taxation
Description: Income tax credit; purchase of gun safe. Establishes an individual income tax credit beginning January 1, 2017, for the purchase of a gun safe. The credit would equal 50 percent of the purchase price paid for any gun safe with a selling price of $500 or less. The bill defines a gun safe as a safe or vault that is (i) commercially available, (ii) secured with a digital or dial combination locking mechanism or biometric locking mechanism, and (iii) designed for the storage of a firearm or ammunition for use in a firearm. An individual may not claim more than $100 in tax credits for all taxable years. The Department would be authorized to issue up to $250,000 in tax credits each year. The credit would expire on January 1, 2022.
Session: 2017 Regular Session
Last Action: Stricken from docket by Finance by voice vote
Last Action Date: January 30, 2017
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'.
1 sponsors: Benjamin Cline (R);
Percentage of House Of Delegates sponsoring bill: 1% (1 of 100)
History
| Chamber | Date | Action |
| House | Jan 30, 2017 | Stricken from docket by Finance by voice vote |
| House | Jan 27, 2017 | Subcommittee recommends striking from docket by voice vote |
| House | Jan 24, 2017 | Assigned Finance sub: Subcommittee #3 |
| House | Jan 18, 2017 | Presented and ordered printed 17104035D |
| House | Jan 18, 2017 | Referred to Committee on Finance |
Texts
| Type | Date | State Link | Text |
| Introduced | Jan 18, 2017 | state link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Votes - Click on description to view vote roll call
There have not been any votes on this bill
Link: link to state bill page
