VA HB1109 | 2021 | Regular Session

Virginia House Bill 1109 (Prior Session Legislation)

Note: Carry Over of previous HB1109

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-12-04 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Corporate income tax; combined reporting requirements; disclosures. Requires, for taxable years beginning on or after January 1, 2021, unitary combined reporting for Virginia corporate income tax purposes. The bill also requires corporations, beginning with taxable year 2020, to submit a public disclosure report to the Department of Taxation with certain data related to their state taxes, which will be redacted to hide their identities prior to publication.

Title

Income tax, corporate; combined reporting requirements, disclosures.

History

Date	Chamber	Action
2020-12-04	House	Left in Finance
2020-02-05	House	Continued to 2021 in Finance by voice vote
2020-01-31	House	Subcommittee recommends continuing to 2021 by voice vote
2020-01-29	House	Assigned Finance sub: Subcommittee #3
2020-01-07	House	Referred to Committee on Finance
2020-01-07	House	Prefiled and ordered printed; offered 01/08/20 20101799D

Same As/Similar To

HB1109 (Carry Over) 2020-02-05 - Continued to 2021 in Finance by voice vote

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	3	(n/a)	See Bill Text
58	1	406	(n/a)	See Bill Text
58	1	424	(n/a)	See Bill Text
58	1	429	(n/a)	See Bill Text
58	1	441.1	(n/a)	See Bill Text
58	1	443	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?211+sum+HB1109
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?211+ful+HB1109+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?211+oth+HB1109F161+PDF