Income tax, state; changes credit for low-income taxpayers. (SB810)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Low-income tax credit; refundable. Changes the low-income tax credit to make any amount that exceeds the taxpayer's income tax liability refundable to the taxpayer beginning in tax year 2015. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/02/2015Prefiled and ordered printed; offered 01/14/15 15101966D
01/02/2015Referred to Committee on Finance
01/18/2015Impact statement from TAX (SB810)
01/21/2015Committee substitute printed to Web only 15103925D-S1
01/21/2015Passed by indefinitely in Finance (14-Y 1-N) (see vote tally)