Income and sales and use taxes; expiration dates for various credits and exemptions. (HB995)

Introduced By

Del. Tim Hugo (R-Centreville)

Progress

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

Description

Income tax and sales and use tax; expiration dates for credits and exemptions. Places two-year expiration dates on various income tax credits and sales and use tax exemptions.  The revenue attributable to the expiration of these credits and exemptions shall be used to lower the corporate income tax rate. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2014Committee
01/08/2014Prefiled and ordered printed; offered 01/08/14 14102897D
01/08/2014Referred to Committee on Finance
01/19/2014Impact statement from TAX (HB995)
01/20/2014Continued to 2015 in Finance