HB 1358

  • Virginia House Bill
  • 2020 Regular Session
  • Introduced in House Jan 08, 2020
  • House
  • Senate
  • Governor

Income tax, state; eliminating liability.

Abstract

Eliminating individual income tax liability.Eliminates individual income tax liability starting in taxable year2020 by reducing to zero the rate that applies to all taxable income.Entities such as trusts and partnerships, which also are taxed underthe individual income tax system, would continue to be subject totaxation at the same rates as they are under current law.

Bill Sponsors (1)

Votes


Actions


Feb 11, 2020

House

Left in Finance

Jan 19, 2020

House

Impact statement from TAX (HB1358)

Jan 16, 2020

House

Assigned Finance sub: Subcommittee #1

Jan 08, 2020

House

Prefiled and ordered printed; offered 01/08/20 20103855D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Impact statement from TAX (HB1358) HTML

Related Documents

Document Format
No related documents.

Sources

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