Income tax, corporate; market-based sourcing. (HB1604)
Introduced By
Del. Dave Albo (R-Springfield) with support from co-patrons Del. Joe May (R-Leesburg), and Del. Tom Rust (R-Herndon)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Corporate income tax; market-based sourcing. Changes the way the sales factor is determined, for purposes of the corporate income tax, so that it will be market-based sourcing rather than costs-of-performance, which is the current method used. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/07/2011 | Prefiled and ordered printed; offered 01/12/11 11101029D |
01/07/2011 | Referred to Committee on Finance |
01/17/2011 | Assigned Finance sub: #1 |
01/29/2011 | Impact statement from TAX (HB1604) |
01/31/2011 | Subcommittee failed to recommend reporting (2-Y 7-N) |
02/08/2011 | Left in Finance |