HB 798

  • Virginia House Bill
  • 2018 Regular Session
  • Introduced in House Jan 09, 2018
  • House
  • Senate
  • Governor

Income tax, state; apportionment of sales for debt buyers.

Bill Subjects

Income Tax Taxation

Abstract

Requires debt buyers, defined in the bill, to apportion their income from the collection of debt to Virginia based on a single sales factor starting with taxable year 2019. Generally, under current law, a taxpayer apportions its income to Virginia based on the ratio of its property, payroll, and sales in Virginia to the same factors in all other states.

Bill Sponsors (2)

Votes


Actions


Mar 07, 2018

Office of the Governor

Governor's Action Deadline Midnight, April 9, 2018

Virginia General Assembly

Enrolled Bill communicated to Governor on March 7, 2018

Mar 03, 2018

Virginia General Assembly

Signed by President

Mar 01, 2018

Virginia General Assembly

Signed by Speaker

Virginia General Assembly

Enrolled

Feb 28, 2018

Virginia General Assembly

Read third time

Feb 14, 2018

Virginia General Assembly

Referred to Committee on Finance

Virginia General Assembly

Constitutional reading dispensed

Feb 13, 2018

Virginia General Assembly

Read third time and passed House (95-Y 5-N)

Feb 12, 2018

Virginia General Assembly

Read second time and engrossed

Feb 09, 2018

Virginia General Assembly

Read first time

Jan 30, 2018

Virginia General Assembly

Assigned Finance sub: Subcommittee #2

Jan 09, 2018

Virginia General Assembly

Prefiled and ordered printed; offered 01/10/18 18102177D

Virginia General Assembly

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
House: Prefiled and ordered printed; offered 01/10/18 18102177D HTML
House: Bill text as passed House and Senate (HB798ER) HTML

Related Documents

Document Format
No related documents.

Sources

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