Income tax, corporate; corporations not allowed to claim tax credit to reduce tax below $250. (HB1030)
Introduced By
Del. David Englin (D-Alexandria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Minimum corporate income tax. Establishes a $250 minimum corporate income tax beginning January 1, 2012. Corporations would not be allowed to claim any tax credit to reduce the corporate income tax below $250. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2012 | Committee |
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12102258D |
01/11/2012 | Referred to Committee on Finance |
01/20/2012 | Assigned Finance sub: #2 |
01/23/2012 | Impact statement from TAX (HB1030) |
01/25/2012 | Subcommittee recommends passing by indefinitely |
02/14/2012 | Left in Finance |