VA HB2701 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 15 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 15 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Corporate income tax subtraction; business interest. Establishes a subtraction from a corporation's Virginia taxable income for the amount of business interest that is disallowed as a deduction from federal taxable income by §163(j) of the Internal Revenue Code.
Title
Income tax, corporate; subtraction for amount of business interest.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-05 | House | Left in Finance |
| 2019-01-23 | House | Referred to Committee on Finance |
| 2019-01-23 | House | Referred from Rules by voice vote |
| 2019-01-15 | House | Referred to Committee on Rules |
| 2019-01-15 | House | Presented and ordered printed 19103771D |
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2701 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2701+hil |
