2010 Session

Budget Amendments - HB29 (Floor Approved)

View Budget Item
View Budget Item amendments

Tax Conformity for Haiti Contributions (language only)

Item 3-5.16 #1h

Item 3-5.16 #1h

Adjustments and Modifications to Tax Collections
Conformity to Internal Revenue Code

Page 323, line 40, strike "2009" and insert "2008".
Page 323, at end of line 43, insert:
"Notwithstanding any other provision of law, for taxable years beginning on and after January 1, 2009, and before January 1, 2010, any reference to the Internal Revenue Code shall include provisions enacted after December 31, 2009, and on or before January 22, 2010.”

(This amendment amends language relating to Virginia's fixed date conformity with the Internal Revenue Service Code to allow Virginians to receive the newly announced tax incentive for contributions to Haiti made by February 28, 2009.)