Income tax, corporate; lowers tax rate to 2.5 percent.
Summary
Lowers the corporate income tax rate from six percent to 2.5 percent for taxable years beginning on or after January 1, 2017.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2016
Committee Review
Floor Vote
Governor
Introduced Nov 15, 2016
Last action Nov 15, 2016
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Nov 15, 2016
Committee
Referred to Committee on Finance
legislature
Nov 15, 2016
Introduced
Prefiled and ordered printed; offered 01/11/17 17100371D
legislature
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 835
Scope: VA
Hi! I can help you understand SB 835. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline