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---
type: "Bill"
title: "Land preservation tax credits; withholding tax of nonresident owners."
description: "Provides that the two percent transfer fee for land preservation tax credits shall not apply to a distribution of credits to a nonresident owner of a pass-through entity when such credits are applied by the pass-through entity to the withholding tax of the nonresident owner."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2017"
identifier: "SB 1286"
citation: "Virginia SB 1286 (2017)"
classification: ["bill"]
subjects: ["Conservation", "Taxation"]
status: "enacted"
primary_sponsors: ["Mark D. Obenshain"]
version_count: 4
action_count: 19
vote_count: 7
first_action: "2017-01-10"
last_action: "2017-03-24"
source: "openstates"
source_identifier: "ocd-bill/efe78ce2-37a9-41ea-82aa-95850c8d24da"
source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+SB1286"
source_hash: "695989c6c58248163c260a9929389d99f7b8490bf984ab51e3bf7044bce8a3a1"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia SB 1286 (2017) — Land preservation tax credits; withholding tax of nonresident owners.
Provides that the two percent transfer fee for land preservation tax credits shall not apply to a distribution of credits to a nonresident owner of a pass-through entity when such credits are applied by the pass-through entity to the withholding tax of the nonresident owner.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Governor: Acts of Assembly Chapter text (CHAP0725)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0725)
2. **Senate: Bill text as passed Senate and House (SB1286ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1286ER)
3. **Senate: Committee substitute printed 17104894D-S1** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1286S1)
4. **Senate: Prefiled and ordered printed; offered 01/11/17 17102244D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1286)
## Votes
- Reported from Finance with substitute — **160** (pass) · legislature
- Passed Senate — **400** (pass) · legislature
- Passed House BLOCK VOTE — **990** (pass) · legislature
- Reported from Finance — **220** (pass) · legislature
- Constitutional reading dispensed — **400** (pass) · legislature
- Subcommittee recommends reporting — **100** (pass) · legislature
- Constitutional reading dispensed — **400** (pass) · legislature
## Sponsors
- Mark D. Obenshain — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-01-10** Prefiled and ordered printed; offered 01/11/17 17102244D `introduction`
- **2017-01-10** Referred to Committee on Finance `referral-committee`
- **2017-02-03** Read second time `reading-2`
- **2017-02-03** Reading of substitute waived
- **2017-02-03** Committee substitute agreed to 17104894D-S1
- **2017-02-03** Engrossed by Senate - committee substitute SB1286S1
- **2017-02-08** Placed on Calendar
- **2017-02-08** Read first time `reading-1`
- **2017-02-08** Referred to Committee on Finance `referral-committee`
- **2017-02-08** Assigned Finance sub: Subcommittee #2 `referral-committee`
- **2017-02-14** Read second time `reading-2`
- **2017-02-15** Read third time `reading-3`
- **2017-02-15** Passed House BLOCK VOTE (99-Y 0-N) `passage`
- **2017-02-17** Enrolled
- **2017-02-17** Signed by Speaker
- **2017-02-20** Signed by President
- **2017-02-21** Enrolled Bill Communicated to Governor on 2/21/17
- **2017-02-21** Governor's Action Deadline Midnight, March 27, 2017
- **2017-03-24** Approved by Governor-Chapter 725 (effective 7/1/17) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/efe78ce2-37a9-41ea-82aa-95850c8d24da`. Confidence: reported (aggregated from official Virginia legislature records).