Income tax, state; lowers rate of taxation. (SB759)

Introduced By

Sen. Glen Sturtevant (R-Midlothian)

Progress

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

Description

Individual income tax rates. Lowers the rate of taxation for each tax bracket for individual income tax by 10 percent. The reduction will be phased in over the course of three years in which Virginia Gross Domestic Product grows by three percent or more. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2018Prefiled and ordered printed; offered 01/10/18 18104465D
01/10/2018Referred to Committee on Finance
01/27/2018Impact statement from TAX (SB759)
01/31/2018Passed by indefinitely in Finance with letter (12-Y 3-N) (see vote tally)