VA HB24 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 7 2011 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on December 7 2011 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
BPOL tax; certain localities required to assess on Virginia taxable income. Requires that the local license (BPOL) tax be imposed on the Virginia taxable income of a business for any locality that did not impose a BPOL tax in license year 2011 and subsequently elects to impose a BPOL tax. Under current law, the tax base upon which the local license tax is imposed is the gross receipts or gross income of businesses with a place of business in the locality.
Title
BPOL tax; certain localities required to assess on Virginia taxable income.
Sponsors
| Del. Mark Cole [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-14 | House: Left in Finance | |
| 2012-01-25 | House: Subcommittee recommends passing by indefinitely by voice vote | |
| 2012-01-12 | House: Assigned Finance sub: Subcommittee #2 | |
| 2011-12-07 | House: Referred to Committee on Finance | |
| 2011-12-07 | House: Prefiled and ordered printed; offered 01/11/12 12100250D |
Subjects
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB24 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB24+hil |
