Income tax, corporate; rate of taxation. (SB756)

Introduced By

Sen. Glen Sturtevant (R-Midlothian)

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 5.5 percent for taxable years beginning on or after January 1, 2017. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/22/2016Presented and ordered printed 16104106D
01/22/2016Referred to Committee on Finance
01/30/2016Impact statement from TAX (SB756)
02/03/2016Passed by indefinitely in Finance (14-Y 1-N) (see vote tally)