Corporate income tax; rate of taxation. (HB1714)

Introduced By

Del. Randy Minchew (R-Leesburg) with support from co-patrons Del. Dickie Bell (R-Staunton), and Del. Mark Cole (R-Fredericksburg)

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 five percent for taxable years beginning on and after January 1, 2018. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2017Committee
01/07/2017Prefiled and ordered printed; offered 01/11/17 17102491D
01/07/2017Referred to Committee on Finance
01/15/2017Impact statement from TAX (HB1714)
01/17/2017Assigned Finance sub: Subcommittee #2
02/07/2017Left in Finance