Income tax and sales and use tax; expiration dates for credits and exemptions. (HB2167)

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 bill requires the revenue attributable to the expiration of these credits and exemptions to be used to lower the corporate income tax rate. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2015Committee
01/14/2015Prefiled and ordered printed; offered 01/14/15 15101532D
01/14/2015Referred to Committee on Finance
01/26/2015Impact statement from TAX (HB2167)
01/27/2015Assigned Finance sub: Subcommittee #1
02/02/2015Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
02/10/2015Left in Finance