SB0735

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax - Flat Tax

Sponsored by:

Senator Serafini

Status:

In the Senate - Hearing 3/16 at 1:00 p.m.


Synopsis:Altering the State individual income tax rate to 3.9% for individuals or spouses filing joint returns with federal adjusted gross income in excess of $30,000; and applying the Act to taxable years beginning after December 31, 2016.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Serafini, Bates, Brochin, Cassilly, Eckardt, Edwards, Hough, Norman, Reilly, Salling, and Waugh
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Income Tax
Statutes:Article - Tax - General
(10-105)

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Legislative Lingo

Explanation of Floor Motions and Actions


March 16, 2016 4:15 P.M.