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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 2025)
Sponsored by
Delegates Hartman, Adams, Arentz, Arikan, Baker, Beauchamp, Bouchat, Buckel, Chisholm, Ciliberti, Ghrist, Grammer, Griffith, Hinebaugh, Hornberger, Howard, Hutchinson, Jacobs, Kipke, Mangione, Miller, M. Morgan, T. Morgan, Nawrocki, Nkongolo, Otto, Pippy, Reilly, Rose, Schmidt, Szeliga, Tomlinson, Valentine, and Wivell
Status
In the House - First Reading Ways and Means
Analysis
Synopsis
Decreasing, over 5 taxable years, the State corporate income tax rate from 8.25% to 6.25%.
Committees
Original:
Ways and Means
Details
Cross-filed with: SB0836
Introduced in a prior session as: HB1282 Session: 2024 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2025
Legislation History
Chamber
House
Calendar Date
2/05/2025
Legislative Date
2/05/2025
Action
First Reading Ways and Means
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/05/2025 2/05/2025 First Reading Ways and Means
Last Updated: 2/5/2025 12:16 AM
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