Income tax, corporate; lowers rate of taxation. (HB539)
Introduced By
Del. Vivian Watts (D-Annandale) with support from 7 copatrons, whose average partisan position is:
Those copatrons are Del. Mark Cole (R-Fredericksburg), Del. Steve Heretick (D-Portsmouth), Del. Ken Plum (D-Reston), Del. Marcus Simon (D-Falls Church), Sen. Jennifer Boysko (D-Herndon), Sen. Janet Howell (D-Reston), Sen. Dick Saslaw (D-Springfield)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Corporate income tax; rate of taxation. Lowers the corporate income tax rate from six percent to 5.75 percent for taxable years beginning on or after January 1, 2017. Read the Bill »
Status
02/15/2016: Failed to Pass in Committee
History
Date | Action |
---|---|
01/09/2016 | Committee |
01/09/2016 | Prefiled and ordered printed; offered 01/13/16 16101906D |
01/09/2016 | Referred to Committee on Finance |
01/16/2016 | Impact statement from TAX (HB539) |
02/09/2016 | Assigned Finance sub: Subcommittee #1 |
02/10/2016 | Subcommittee recommends continuing to 2017 |
02/15/2016 | Continued to 2017 in Finance |
Comments
and get rid of the BPOL tax