Non-resident taxpayers; withholding tax paid by pass-through entities. (SB1238)

Introduced By

Sen. Mark Obenshain (R-Harrisonburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Withholding tax; pass-through entities. Requires pass-through entities to withhold and remit to the Tax Commissioner an amount equal to four percent of the allocable Virginia taxable income of all nonresident owners of the pass-through entity. A nonresident owner may take as a credit against Virginia income tax due his or its allocable Virginia income tax withheld and remitted to the Tax Commissioner by the pass-through entity. Read the Bill »


03/23/2007: signed by governor


01/10/2007Prefiled and ordered printed; offered 01/10/07 078943782
01/10/2007Referred to Committee on Finance
01/22/2007Impact statement from TAX (SB1238)
01/25/2007Constitutional reading dispensed (39-Y 0-N)
01/26/2007Read second time
01/26/2007Reading of amendments waived
01/26/2007Committee amendments agreed to
01/26/2007Engrossed by Senate as amended SB1238E
01/26/2007Printed as engrossed 078943782-E
01/29/2007Read third time and passed Senate (40-Y 0-N)
01/29/2007VOTE: (40-Y 0-N) (see vote tally)
01/29/2007Communicated to House
02/05/2007Placed on Calendar
02/05/2007Read first time
02/05/2007Referred to Committee on Finance
02/06/2007Impact statement from TAX (SB1238E)
02/12/2007Reported from Finance (19-Y 0-N) (see vote tally)
02/13/2007Read second time
02/14/2007Read third time
02/14/2007Passed House BLOCK VOTE (95-Y 0-N)
02/20/2007Bill text as passed Senate and House (SB1238ER)
02/21/2007Signed by Speaker
02/22/2007Signed by President
03/07/2007Impact statement from TAX (SB1238ER)
03/23/2007G Approved by Governor-Chapter 796 (effective 7/1/07)
04/10/2007G Acts of Assembly Chapter text (CHAP0796)