Income and sales & use taxes; removes remaining portion of tax from food for human consumption, etc. (HB2299)
Introduced By
Del. David Englin (D-Alexandria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Individual income tax and sales and use tax. Removes the remaining portion of the state sales and use tax (one and one-half percent) from food for human consumption (effective July 1, 2012) and restructures the individual income tax rate brackets for taxable years beginning on or after January 1, 2012.
The changes in the individual income tax brackets are as follows: In Excess OfButNo More ThanTax Rate $0$3,0002.0%(same as current law) $3,000$5,0003.0%(same as current law) $5,000$20,0005.0%(increase in top income amt) $20,000$300,0005.75%(new income amounts) $300,0006.75%(newtop rate) Read the Bill »
Outcome
History
Date | Action |
---|---|
01/12/2011 | Committee |
01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11100717D |
01/12/2011 | Referred to Committee on Finance |
01/19/2011 | Assigned Finance sub: #1 |
01/25/2011 | Impact statement from TAX (HB2299) |
01/31/2011 | Subcommittee recommends passing by indefinitely |
02/08/2011 | Left in Finance |
Map
This bill mentions Richmond, University of Virginia, Charlottesville, Alexandria, Falls Church, Arlington.