Franklin Pierce
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Virginia House GOP Passes Tax Relief Plan; Democrats Oppose It
Two Republican-backed Virginia House bills to prevent an inadvertent $1.2 billion tax increase passed the House of Delegates Tuesday, a move proponents say will help middle-class Virginians. The legislation would also conform the state tax code to the federal tax code.
The measures failed to pass Monday with an added emergency clause, which would have sped up the effective date. Although 12 Democrats voted with Republicans to pass the emergency clause Monday, the House Democratic minority was unified against Tuesday's legislation.
"Since we rolled out our tax relief plan last month, Republicans in the House of Delegates have been unified in our efforts to use increased revenues from the federal tax law changes to provide tax relief to middle-class taxpayers," Speaker Kirk Cox, R-Colonial Heights, said in a news release. "Our plan guarantees that all money from the federal tax law changes are put in a lockbox and returned to taxpayers. I appreciate Chairman [Lee] Ware, Chairman [Tim] Hugo, and Chairman [Chris] Jones for their leadership on this important issue."
Virginia House GOP Passes Tax Relief Plan; Democrats Oppose It
Two Republican-backed Virginia House bills to prevent an inadvertent $1.2 billion tax increase passed the House of Delegates Tuesday, a move proponents say will help middle-class Virginians. The legislation would also conform the state tax code to the federal tax code.
The measures failed to pass Monday with an added emergency clause, which would have sped up the effective date. Although 12 Democrats voted with Republicans to pass the emergency clause Monday, the House Democratic minority was unified against Tuesday's legislation.
"Since we rolled out our tax relief plan last month, Republicans in the House of Delegates have been unified in our efforts to use increased revenues from the federal tax law changes to provide tax relief to middle-class taxpayers," Speaker Kirk Cox, R-Colonial Heights, said in a news release. "Our plan guarantees that all money from the federal tax law changes are put in a lockbox and returned to taxpayers. I appreciate Chairman [Lee] Ware, Chairman [Tim] Hugo, and Chairman [Chris] Jones for their leadership on this important issue."
Virginia House GOP Passes Tax Relief Plan; Democrats Oppose It