Conformity of the Commonwealth's taxation systemwith the Internal Revenue Code; emergency. Advances Virginia'sdate of conformity with the Internal Revenue Code from December 31,2020, to December 31, 2021. The bill also deconforms from provisionsof the (i) federal Coronavirus Aid, Relief, and Economic SecurityAct (CARES Act) related to the net operating loss limitation andcarryback, a loss limitation applicable to taxpayers other than corporations,the limitation on business interest, and certain loan forgivenessand other business financial assistance and (ii) federal AmericanRescue Plan Act related to restaurant revitalization grants and emergencyinjury disaster loans received for taxable years beginning beforeJanuary 1, 2021. The bill contains an emergency clause.
Sponsored bills
Commending the Honorable William C. Mims.
Nominating a person to be elected to the VirginiaWorkers' Compensation Commission.
Commending Daphne Tamara Fulson.
Commending the Monument Terrace "Support OurTroops" rallies.
Commending the Honorable M. Kirkland Cox.
Farmers market food and beverage sales consideredessential during state of emergency. Provides that any Commonwealth-basedseller at a farmers market of food or beverage products, and thefarmers market in which it is located, shall be considered an essentialbusiness to the same extent as grocery stores if such stores areallowed to remain open as essential businesses during a state ofemergency declared by the Governor.
Special license plates; Virginia National Guardretirees. Removes the fee for the issuance of a special licenseplate for retired members of the Virginia National Guard. Currently,such special license plates cost the same as the prescribed costfor a typical Virginia license plate.
Sales tax; exemption for personal protectiveequipment; emergency. Establishes a retail sales and use taxexemption for personal protective equipment, defined in the bill.The exemption would be available to any business that has in placea COVID-19 safety protocol that complies with the Emergency TemporaryStandard promulgated by the Virginia Department of Labor and Industryand that meets other criteria. The exemption would sunset one dayafter the first day following the expiration of the last executiveorder issued by the Governor related to the COVID-19 pandemic andthe termination of the COVID-19 Emergency Temporary Standard andany permanent COVID-19 regulations adopted by the Virginia Safety and Health Codes Board. The bill contains an emergency clause.
Celebrating the life of Joseph Maurice Tarantino.