Machinery and Equipment Donation Grant Program; established. (HB1767)

Introduced By

Del. Mike Watson (R-Williamsburg) with support from co-patrons Del. David Ramadan (R-South Riding), and Del. Michael Webert (R-Marshall)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Income tax credit; donation of machinery and equipment to certain schools. Establishes an individual and corporate income tax credit beginning January 1, 2013, for business donations of machinery and equipment to Virginia's community colleges and vocational schools. The machinery and equipment are to be principally used in Virginia in teaching or training students of the donee community college or vocational school. The credit would equal 20 percent of the purchase price paid by the business for the machinery and equipment. However, a business would not be allowed more than an aggregate of $5,000 of tax credit in any year for such donations.

The credit would sunset on December 31, 2017. Any unused credit would be available to be carried forward for five years. Read the Bill »


Bill Has Passed


01/08/2013Prefiled and ordered printed; offered 01/09/13 13103516D
01/08/2013Referred to Committee on Finance
01/14/2013Assigned Finance sub: #3
01/17/2013Impact statement from TAX (HB1767)
01/25/2013Subcommittee recommends laying on the table (5-Y 0-N)
01/30/2013Reported from Finance with substitute (19-Y 3-N) (see vote tally)
01/30/2013Committee substitute printed 13104802D-H1
02/01/2013Read first time
02/04/2013Read second time
02/04/2013Committee substitute agreed to 13104802D-H1
02/04/2013Engrossed by House - committee substitute HB1767H1
02/05/2013Impact statement from TAX (HB1767H1)
02/05/2013Read third time and passed House (87-Y 9-N)
02/05/2013VOTE: PASSAGE (87-Y 9-N) (see vote tally)
02/06/2013Constitutional reading dispensed
02/06/2013Referred to Committee on Finance
02/08/2013Constitutional reading dispensed
02/08/2013Referred to Committee on Finance
02/12/2013Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/12/2013Committee substitute printed 13105133D-S1
02/13/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/13/2013Read third time
02/13/2013Reading of substitute waived
02/13/2013Committee substitute agreed to 13105133D-S1
02/13/2013Engrossed by Senate - committee substitute HB1767S1
02/13/2013Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/13/2013Placed on Calendar
02/13/2013Passed by temporarily
02/13/2013Senate substitute rejected by House 13105133D-S1 (0-Y 96-N 1-A)
02/13/2013VOTE: REJECTED (0-Y 96-N 1-A) (see vote tally)
02/13/2013Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/13/2013Senate requested conference committee
02/13/2013House acceded to request
02/13/2013Conferees appointed by House
02/13/2013Delegates: Watson, Orrock, James
02/13/2013Conferees appointed by Senate
02/13/2013Senators: Ruff, Stuart, Vogel
02/23/2013Conference substitute printed 13105330D-H2
02/23/2013Conference report agreed to by House (99-Y 0-N)
02/23/2013VOTE: ADOPTION (99-Y 0-N) (see vote tally)
02/23/2013Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/04/2013Bill text as passed House and Senate (HB1767ER)
03/04/2013Signed by President
03/05/2013Signed by Speaker
03/07/2013Impact statement from DPB (HB1767ER)
03/20/2013G Approved by Governor-Chapter 566 (effective 7/1/13)
03/20/2013G Acts of Assembly Chapter text (CHAP0566)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 4 minutes.