Income tax, state; reduces top marginal individual tax rate. (HB2226)

Introduced By

Del. Ben Cline (R-Amherst)

Progress

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

Description

Individual income tax rate reduction. Reduces the top marginal individual income tax rate from 5.75 percent on income in excess of $17,000 to five percent on income in excess of $5,000 beginning with taxable year 2018. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2017Committee
01/11/2017Prefiled and ordered printed; offered 01/11/17 17102971D
01/11/2017Referred to Committee on Finance
01/17/2017Assigned Finance sub: Subcommittee #2
01/17/2017Impact statement from TAX (HB2226)
01/25/2017Subcommittee recommends laying on the table
02/07/2017Left in Finance