Bank franchise tax; apportionment. (HB323)

Introduced By

Del. Jimmie Massie (R-Richmond)

Progress

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

Description

Bank franchise tax; apportionment.  Provides that the bank franchise tax for banks operating in multiple states shall be apportioned according to the proportion of the bank's deposits held in the Commonwealth. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12102745D
01/10/2012Referred to Committee on Finance
01/20/2012Assigned Finance sub: #3
01/21/2012Impact statement from TAX (HB323)
01/27/2012Subcommittee recommends striking from docket
01/30/2012Stricken from docket by Finance