VA SB759 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2018 - 25% progression, died in chamber
Action: 2018-01-31 - Passed by indefinitely in Finance with letter (12-Y 3-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 10 2018 - 25% progression, died in chamber
Action: 2018-01-31 - Passed by indefinitely in Finance with letter (12-Y 3-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Individual income tax rates. Lowers the rate of taxation for each tax bracket for individual income tax by 10 percent. The reduction will be phased in over the course of three years in which Virginia Gross Domestic Product grows by three percent or more.
Title
Income tax, state; lowers rate of taxation.
Sponsors
Roll Calls
2018-01-31 - Senate - Senate: Passed by indefinitely in Finance with letter (12-Y 3-N) (Y: 12 N: 3 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-31 | Senate | Passed by indefinitely in Finance with letter (12-Y 3-N) |
| 2018-01-10 | Senate | Referred to Committee on Finance |
| 2018-01-10 | Senate | Prefiled and ordered printed; offered 01/10/18 18104465D |
