republic-os/legislation/us/states/va/2020/sb-590.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Advanced recycling; incentives in income tax, sales tax, and machinery and tools tax, taxable years.	Advanced recycling; incentives in income tax,sales tax, and machinery and tools tax. Postpones from 2020 to2025 the sunset date of the income tax credit for purchase of equipmentfor processing recyclable materials and makes eligible for the creditpurchases of equipment used in advanced recycling, defined in thebill. The bill increases the dollar value of the credit from 20 percentto 100 percent of the purchase price of such equipment, eliminatesthe requirement that a taxpayer may only claim up to 40 percent ofhis tax liability in credit per year, and makes the credit refundableand transferable for credits issued starting in taxable year 2020.The bill provides that certain machinery,tools, and materials used in advanced recycling shall be exempt fromsales tax. The bill provides that such machinery, tools, and materialsshall be segregated and classified as machinery and tools, which aretaxed at a lower rate than the generally applicable personal propertytax rate.	us/states/va	Virginia General Assembly	2020	SB 590	Virginia SB 590 (2020)	bill		enacted	Emmett W. Hanger, Jr.	4	30	6	2020-01-07	2020-04-07	openstates	ocd-bill/7a0d1c36-1f89-4754-bb6d-bdf6a4d71f28	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB590	e5c670a74bce2c4de7961f23ca5a223690f063de245ef3f3b6056556a911463c	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 590 (2020) — Advanced recycling; incentives in income tax, sales tax, and machinery and tools tax, taxable years.

Advanced recycling; incentives in income tax,sales tax, and machinery and tools tax. Postpones from 2020 to2025 the sunset date of the income tax credit for purchase of equipmentfor processing recyclable materials and makes eligible for the creditpurchases of equipment used in advanced recycling, defined in thebill. The bill increases the dollar value of the credit from 20 percentto 100 percent of the purchase price of such equipment, eliminatesthe requirement that a taxpayer may only claim up to 40 percent ofhis tax liability in credit per year, and makes the credit refundableand transferable for credits issued starting in taxable year 2020.The bill provides that certain machinery,tools, and materials used in advanced recycling shall be exempt fromsales tax. The bill provides that such machinery, tools, and materialsshall be segregated and classified as machinery and tools, which aretaxed at a lower rate than the generally applicable personal propertytax rate.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Acts of Assembly Chapter text (CHAP0789) (committee substitute) — source
2. Bill text as passed Senate and House (SB590ER) (committee substitute) — source
3. Engrossed by Senate - committee substitute SB590S1 (committee substitute) — source
4. Impact statement from TAX (SB590) (committee substitute) — source

Votes

• Reported from Finance (20-Y 2-N) — 20–2 (pass) · lower
• Reported from Finance and Appropriations with substitute (11-Y 0-N) — 11–0 (pass) · upper
• VOTE: Passage (87-Y 12-N) — 86–12 (pass) · lower
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• Read third time and passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• Subcommittee recommends reporting (9-Y 0-N) — 9–0 (pass) · lower

Sponsors

• Emmett W. Hanger, Jr. — primary (person)
• G. "John" Avoli — cosponsor (person)
• Lynwood W. Lewis, Jr. — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2020-01-07 Prefiled and ordered printed; offered 01/08/20 20101453D introduction
• 2020-01-07 Referred to Committee on Finance and Appropriations referral-committee
• 2020-01-27 Impact statement from TAX (SB590)
• 2020-01-30 Reported from Finance and Appropriations with substitute (11-Y 0-N) committee-passage
• 2020-01-30 Incorporates SB789 (Lewis)
• 2020-01-30 Committee substitute printed 20107050D-S1 substitution
• 2020-02-03 Constitutional reading dispensed (40-Y 0-N)
• 2020-02-04 Read second time reading-2
• 2020-02-04 Reading of substitute waived
• 2020-02-04 Committee substitute agreed to 20107050D-S1
• 2020-02-04 Engrossed by Senate - committee substitute SB590S1
• 2020-02-05 Read third time and passed Senate (40-Y 0-N) passage, reading-3
• 2020-02-12 Placed on Calendar
• 2020-02-12 Read first time reading-1
• 2020-02-12 Referred to Committee on Finance referral-committee
• 2020-02-13 Impact statement from TAX (SB590S1)
• 2020-02-13 Assigned Finance sub: Subcommittee #1 referral-committee
• 2020-02-17 Subcommittee recommends reporting (9-Y 0-N)
• 2020-02-19 Reported from Finance (20-Y 2-N) committee-passage
• 2020-02-21 Read second time reading-2
• 2020-02-24 Read third time reading-3
• 2020-02-24 Passed House (87-Y 12-N) passage
• 2020-02-24 VOTE: Passage (87-Y 12-N)
• 2020-02-27 Enrolled
• 2020-02-27 Impact statement from TAX (SB590ER)
• 2020-02-27 Signed by President
• 2020-02-27 Signed by Speaker
• 2020-03-10 Enrolled Bill Communicated to Governor on March 10, 2020
• 2020-03-10 Governor's Action Deadline 11:59 p.m., April 11, 2020
• 2020-04-07 Approved by Governor-Chapter 789 (effective - see bill) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7a0d1c36-1f89-4754-bb6d-bdf6a4d71f28. Confidence: reported (aggregated from official Virginia legislature records).