3-5.10#1h (Conformity to Internal Revenue Code) Tax Conformity. HB1600

State Budget

2009 Session

Budget Amendments - HB1600 (Committee Approved)

Bill Order » Item 3-5.10 #1h

View Budget Item
View Budget Item amendments

Tax Conformity (language only)

Item 3-5.10 #1h

Item 3-5.10 #1h
Adjustments and Modifications to Tax Collections
Conformity to Internal Revenue Code

Language
Page 620, strike lines 21 through 26.

Explanation
(This amendment eliminates language that moves Virginia's fixed date conformity with the Internal Revenue Service Code. House Bill 1737, adopted by the House, implements this change making the language unnecessary in the appropriation act.)

Item 3-5.10

Item 3-5.10

§ 3-5.10 CONFORMITY TO INTERNAL REVENUE CODE

Notwithstanding the provisions of § 58.1-301, Code of Virginia, any reference in Chapter 3, Title 58.1, Code of Virginia, to the laws of the United States relating to federal income taxes shall mean the provisions of the Internal Revenue Code, and amendments thereto, and other provisions of the laws of the United States relating to federal income taxes, as they existed on December 31, 2008, and the exception described in subdivision B.1 of § 58.1-301, Code of Virginia shall include sections 168 (l), 168 (m), 1400L, and 1400N in addition to section 168(k) of the Internal Revenue Code.

State Budget

2009 Session

Budget Amendments - HB1600 (Committee Approved)

Tax Conformity (language only)

Item 3-5.10 #1h

Item 3-5.10 #1h

Budget Bill

2008 - 2010 Biennium

Budget Amendments

2008 - 2010 Biennium

Committee Reports

The Budget Process

Amendment Resources

Committee Resources

Budget Resources

Item 3-5.10