Income tax, corporate; reduces rate from 6 percent to 5.75 percent. (HB860)

Introduced By

Del. Ben Cline (R-Amherst)

Progress

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

Description

Corporate income tax; rate reduction.  Reduces the corporate income tax rate from 6 percent to 5.75 percent for taxable years beginning on and after January 1, 2010. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Prefiled and ordered printed; offered 01/13/10 10102743D
01/13/2010Referred to Committee on Finance
01/17/2010Impact statement from TAX (HB860)
01/25/2010Assigned Finance sub: #3
02/09/2010Subcommittee recommends continuing to 2011
02/10/2010Continued to 2011 in Finance
12/03/2010Left in Finance