Income tax, corporate; eliminates for taxable years beginning on or after July 1, 2012. (SB671)

Introduced By

Sen. Ryan McDougle (R-Mechanicsville) with support from co-patrons Sen. Robert Hurt (R-Chatham), and Sen. Steve Martin (R-Chesterfield)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Corporate income tax. Eliminates Virginia's corporate income tax for taxable years beginning on or after July 1, 2012. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/21/2010Presented and ordered printed 10104311D
01/21/2010Referred to Committee on Finance
01/26/2010Impact statement from TAX (SB671)
02/16/2010Left in Finance