Dave Marsden
- Democratic
- Senator
- District 35
Primary
Income tax; rolling conformity. Provides that when Virginia does not conform on a rolling basis to federal tax laws due to any changes in a single act of Congress with an impact of more than $15 million on revenues in the year in which the amendment was enacted or any of the next four years, such nonconformity shall not be considered for purposes of calculating the nonconformity threshold for all amendments in a year with a cumulative projected impact of more than $75 million in the year in which the amendments were enacted or any of the next four years.
A BILL to amend and reenact ยง 58.1-301 of the Code of Virginia, relating to income tax; rolling conformity. 24101327D
Left in Finance and Appropriations
Continued to 2025 in Finance and Appropriations (13-Y 2-N)
Senate subcommittee amendments and substitutes offered
Impact statement from TAX (SB459)
Prefiled and ordered printed; offered 01/10/24 24101327D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Impact statement from TAX (SB459) |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.