Income tax, state; subtraction for gain from taking by eminent domain. (SB1256)

Introduced By

Sen. Frank Ruff (R-Clarksville)

Progress

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

Description

Virginia taxable income; subtraction for gain from taking by eminent domain. Creates an income tax subtraction for gain recognized by a taxpayer from a taking of real property by condemnation proceedings. Amends § 58.1-402, of the Code of Virginia. Read the Bill »

Status

01/05/2019: Awaiting a Vote in the Finance Committee

History

DateAction
01/05/2019Prefiled and ordered printed; offered 01/09/19 19103023D
01/05/2019Referred to Committee on Finance
01/19/2019Impact statement from TAX (SB1256)

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