Friday, May 17, 2024
Friday, May 17, 2024

Senate Bill Reducing Corporation Net Income Tax Rate Laid Over One Day

In the afternoon session, the Senate passed an additional 20 bills and sent them to the House for consideration. Among these bills, Senate Bill 653 would permit the sales of life, accident or sickness insurance over the Internet. In addition, Senate Bill 779 would prohibit the spending of hotel occupancy proceeds between February 1, 2008 and July 1, 2009 to those convention & visitor’s bureaus and regional travel councils not in existence and engaged in business in West Virginia as of February 1, 2008. This brings the total bills passed by the Senate today to 37.

Senate Bill 667, Senate Bill 722 and Senate Bill 758 were placed at the foot of the bills on second reading. Also, Senate Bill 680, which would reduce the Corporation Net Income Tax rate effective January 1, 2009 was laid over one day.

The following committees will meet today:
Judiciary – 3:30 p.m. – 208W
Natural Resources – 5:00 p.m. – 208W

The following committees will meet tomorrow:
Finance – 9:30 a.m. – 451M
Energy, Industry and Mining – 10:00 a.m. – 208W
Pensions – 1:00 p.m. – 451M
Government Organization – 2:00 p.m. – 208W

The Senate is in recess until 5:30 p.m.

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