VA HB539 | 2016 | Regular Session
Status
Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Introduced on January 9 2016 - 25% progression, died in committee
Action: 2016-02-15 - Continued to 2017 in Finance by voice vote
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 9 2016 - 25% progression, died in committee
Action: 2016-02-15 - Continued to 2017 in Finance by voice vote
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Corporate income tax; rate of taxation. Lowers the corporate income tax rate from six percent to 5.75 percent for taxable years beginning on or after January 1, 2017.
Title
Income tax, corporate; lowers rate of taxation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-15 | House | Continued to 2017 in Finance by voice vote |
| 2016-02-10 | House | Subcommittee recommends continuing to 2017 by voice vote |
| 2016-02-09 | House | Assigned Finance sub: Subcommittee #1 |
| 2016-01-09 | House | Referred to Committee on Finance |
| 2016-01-09 | House | Prefiled and ordered printed; offered 01/13/16 16101906D |
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB539 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB539+hil |
