Income tax, state; subtraction for certain low-income and middle-income students, effective clause.
Summary
Individual income tax subtraction for certain low-income and middle-income students. Establishes an individual income tax subtraction starting in taxable year 2021 for any financial assistance received by a student through the Get Skilled, Get a Job, Give Back Program, which was included in the Governor's introduced budget and would offer financial assistance to low-income and middle-income Virginia residents. The provisions of the bill are contingent on funding in a general appropriation act.
Bill status
passed
4 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Feb 2020
Senate Passage
Feb 2020
House of Delegates Passage
Feb 2020
Governor
Introduced Jan 16, 2020
Last action Mar 3, 2020
Floor votes · Senate Feb 3, 2020 · House of Delegates Feb 19, 2020
How they voted
40–0
Passed
Total votes 40
Feb 3, 2020
D
Democratic21
100% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
7
Committee
9
Amendments
2
Feb 19, 2020
Committee
Referred to Committee on Appropriations
lower
Feb 19, 2020
Lower · Passed
Reported from Finance with amendment (22-Y 0-N)
lower
Feb 19, 2020
House Of Delegates · Passed
House of Delegates Vote: pass (21-0)
house of delegates
Feb 17, 2020
Lower · Passed
Subcommittee recommends referring to Committee on Appropriations
lower
Feb 17, 2020
Lower · Passed
Subcommittee recommends reporting with amendment (9-Y 0-N)
lower
Feb 13, 2020
Committee
Assigned Finance sub: Subcommittee #1
lower
Feb 12, 2020
Committee
Referred to Committee on Finance
lower
Feb 3, 2020
Upper · Passed
Read third time and passed Senate (40-Y 0-N)
upper
Jan 31, 2020
Introduced
Engrossed by Senate as amended SB1012E
upper
Jan 31, 2020
Upper · Passed
Committee amendments agreed to
upper
Jan 31, 2020
Introduced
Reading of amendments waived
upper
Jan 29, 2020
Upper · Passed
Reported from Finance and Appropriations with amendments (15-Y 0-N)
upper
Jan 16, 2020
Committee
Referred to Committee on Finance and Appropriations
upper
Jan 16, 2020
Introduced
Presented and ordered printed 20104967D
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
SD
Siobhan Dunnavant
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1012
Scope: VA
Hi! I can help you understand SB 1012. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline