VA HB796 | 2021 | Regular Session

Virginia House Bill 796 (Prior Session Legislation)

Note: Carry Over of previous HB796

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-12-04 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Corporate income tax; sourcing of sales other than sales of tangible personal property. Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia beginning with taxable year 2021.

Title

Income tax, corporate; sourcing of sales other than sales of tangible personal property.

History

Date	Chamber	Action
2020-12-04	House	Left in Finance
2020-02-05	House	Continued to 2021 in Finance by voice vote
2020-01-31	House	Subcommittee recommends continuing to 2021 by voice vote
2020-01-29	House	Assigned Finance sub: Subcommittee #3
2020-01-07	House	Referred to Committee on Finance
2020-01-07	House	Prefiled and ordered printed; offered 01/08/20 20102261D

Same As/Similar To

HB796 (Carry Over) 2020-02-05 - Continued to 2021 in Finance by voice vote

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	416	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?211+sum+HB796
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?211+ful+HB796+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?211+oth+HB796F161+PDF