VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2015 SESSION

• | print version

SB 1285 Income tax, corporate; reduces tax rate by one percent for taxable years beginning January 1, 2016.

Introduced by: Stephen H. Martin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Reduction of the corporate income tax. Reduces the corporate income tax rate by one percent for taxable years beginning on or after January 1, 2016, and continues to reduce the corporate income tax rate each taxable year contingent upon general fund revenues exceeding the forecast by one percent for the previous fiscal year.

FULL TEXT

• 01/14/15  Senate: Prefiled and ordered printed; offered 01/14/15 15102926D  pdf | impact statement

HISTORY

• 01/14/15  Senate: Prefiled and ordered printed; offered 01/14/15 15102926D
• 01/14/15  Senate: Referred to Committee on Finance
• 01/21/15  Senate: Passed by indefinitely in Finance (13-Y 2-N)