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.

2017 SESSION

• | print version

SB 757 Income tax, state; modifies tax by establishing a flat 5.75% tax on all taxable income.

Introduced by: Mark D. Obenshain | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax. Modifies the individual income tax by establishing a flat 5.75% tax on all taxable income. The bill also increases the standard deduction from $6,000 to $15,000 for married persons and from $3,000 to $7,500 for single individuals. The changes are effective for taxable years beginning on and after January 1, 2017.

FULL TEXT

• 01/22/16  Senate: Presented and ordered printed 16103590D  pdf | impact statement

HISTORY

• 01/22/16  Senate: Presented and ordered printed 16103590D
• 01/22/16  Senate: Referred to Committee on Finance
• 02/09/16  Senate: Continued to 2017 in Finance (15-Y 0-N)
• 12/02/16  Senate: Left in Finance