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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Corporate Income Tax - Rate Reduction (Economic Competitiveness Act of 2024)
Sponsored by
Delegates Hartman, Arentz, Buckel, Chisholm, Grammer, Griffith, Hornberger, Jacobs, Mangione, McComas, Miller, T. Morgan, Rose, and Tomlinson
Status
In the House - Hearing 2/29 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Decreasing, over 5 taxable years, the State corporate income tax rate from 8.25% to 6.25%.
Details
Cross-filed with: SB0923
Introduced in a prior session as: HB0741 Session: 2023 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2024
Legislation History
Chamber
House
Calendar Date
2/09/2024
Legislative Date
2/09/2024
Action
First Reading Ways and Means
Proceedings
Chamber
House
Calendar Date
2/09/2024
Legislative Date
2/09/2024
Action
Hearing 2/29 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/09/2024 2/09/2024 First Reading Ways and Means
Text - First - Corporate Income Tax - Rate Reduction (Economic Competitiveness Act of 2024)
House 2/09/2024 2/09/2024 Hearing 2/29 at 1:00 p.m.
Last Updated: 4/1/2024 1:25 PM
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