VA SB1285 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2015 - 25% progression, died in chamber
Action: 2015-01-21 - Passed by indefinitely in Finance (13-Y 2-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 14 2015 - 25% progression, died in chamber
Action: 2015-01-21 - Passed by indefinitely in Finance (13-Y 2-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Reduction of the corporate income tax. Reduces the corporate income tax rate by one percent for taxable years beginning on or after January 1, 2016, and continues to reduce the corporate income tax rate each taxable year contingent upon general fund revenues exceeding the forecast by one percent for the previous fiscal year.
Title
Income tax, corporate; reduces tax rate by one percent for taxable years beginning January 1, 2016.
Sponsors
Roll Calls
2015-01-21 - Senate - Senate: Passed by indefinitely in Finance (13-Y 2-N) (Y: 13 N: 2 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-21 | Senate | Passed by indefinitely in Finance (13-Y 2-N) |
| 2015-01-14 | Senate | Referred to Committee on Finance |
| 2015-01-14 | Senate | Prefiled and ordered printed; offered 01/14/15 15102926D |
