SB759
Income tax, state; lowers rate of taxation.
Summary
As Introduced. 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.-
Bill History
- 01/10/2018 - Senate: Prefiled and ordered printed; offered 01/10/18 18104465D
- 01/10/2018 - Senate: Referred to Committee on Finance
- 01/27/2018 - Senate: Impact statement from TAX (SB759)
- 01/31/2018 - Senate: Passed by indefinitely in Finance with letter (12-Y 3-N)
