VA SB326 | 2016 | Regular Session

Virginia Senate Bill 326 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 8 2016 - 25% progression, died in chamber
Action: 2016-02-03 - Passed by indefinitely in Finance (12-Y 3-N)
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

Corporate income tax; rate of taxation.

Roll Calls

2016-02-03 - Senate - Senate: Passed by indefinitely in Finance (12-Y 3-N) (Y: 12 N: 3 NV: 0 Abs: 0) [PASS]

History

Date	Chamber	Action
2016-02-03	Senate	Passed by indefinitely in Finance (12-Y 3-N)
2016-01-08	Senate	Referred to Committee on Finance
2016-01-08	Senate	Prefiled and ordered printed; offered 01/13/16 16101908D

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	400	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+SB326
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB326+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S05V0054+SB0326