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2004 SESSION

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HB 458 Income tax, state; repeals individual income tax and increases sales and use tax.

Introduced by: Clifford L. Athey, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Taxation; individual income and sales and use taxes. Repeals the individual income tax and increases the sales and use tax from 4.5 percent to 9.5 percent. The provisions of the bill will be effective for taxable years beginning on or after January 1, 2006, if reenacted by the 2005 General Assembly Session.

FULL TEXT

• 01/14/04  House: Presented & ordered printed, prefiled 01/13/04 046627220  pdf | impact statement

HISTORY

• 01/14/04  House: Presented & ordered printed, prefiled 01/13/04 046627220
• 01/14/04  House: Referred to Committee on Finance
• 01/15/04  House: Assigned to Finance sub-committee: 2
• 02/04/04  House: Continued to 2005 in Finance (22-Y 0-N)