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2004 SESSION

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HB 1399 Income tax, local; imposition in all localities, abolishes sales tax on food.

Introduced by: Adam P. Ebbin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local income tax and tax on food. Allows localities to impose a local income tax at a rate of one-tenth of one percent on Virginia taxable income in excess of $17,000 in order to replace the revenues they would receive from the sales tax on food, which is eliminated in this bill.

FULL TEXT

• 01/23/04  House: Presented & ordered printed 041450300  pdf | impact statement

HISTORY

• 01/23/04  House: Presented & ordered printed 041450300
• 01/23/04  House: Referred to Committee on Finance
• 01/27/04  House: Assigned to Finance sub-committee: 1
• 02/11/04  House: Passed by indefinitely in Finance (20-Y 1-N)