SB 459

  • Virginia Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 09, 2024
  • Senate
  • House
  • Governor

Income tax, state; rolling conformity.

Abstract

Income tax; rolling conformity. Providesthat when Virginia does not conform on a rolling basis to federaltax laws due to any changes in a single act of Congress with an impactof more than $15 million on revenues in the year in which the amendmentwas enacted or any of the next four years, such nonconformity shallnot be considered for purposes of calculating the nonconformity thresholdfor all amendments in a year with a cumulative projected impact ofmore than $75 million in the year in which the amendments were enactedor any of the next four years.

Bill Sponsors (1)

Votes


Actions


Feb 07, 2024

Senate

Continued to 2025 in Finance and Appropriations (13-Y 2-N)

Feb 06, 2024

Senate

Senate subcommittee amendments and substitutes offered

Jan 16, 2024

Senate

Impact statement from TAX (SB459)

Jan 09, 2024

Senate

Prefiled and ordered printed; offered 01/10/24 24101327D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24101327D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: SB459F161.PDF PDF

Sources

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