VA SB1698 | 2019 | Regular Session

Virginia Senate Bill 1698 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 14 2019 - 25% progression, died in chamber
Action: 2019-01-30 - Passed by indefinitely in Finance (16-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Corporate income tax subtraction; Global Intangible Low-Taxed Income. Establishes a subtraction in computing Virginia taxable income for the amount of Global Intangible Low-Taxed Income that is included in a corporation's federal taxable income.

Title

Income tax, corporate; subtraction for amount of Global Intangible Low-Taxed Income.

Roll Calls

2019-01-30 - Senate - Senate: Passed by indefinitely in Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

Date	Chamber	Action
2019-01-30	Senate	Passed by indefinitely in Finance (16-Y 0-N)
2019-01-14	Senate	Referred to Committee on Finance
2019-01-14	Senate	Presented and ordered printed 19104390D

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	402	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1698
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1698+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S05V0206+SB1698