Business groups seek a cure period for salary-posting bill as subcommittee adopts amendment A line amendment to House Bill 636 added a corrective period and limited court awards if an employer fixes a deficient job posting; business representatives asked the committee to preserve a provision preventing causes of action if employers correct postings, and the committee temporarily set the bill aside for further review.

Virginia's Senate subcommittee is shaking up job postings by introducing a new amendment that gives employers a chance to correct salary-range disclosures before facing penalties!

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Subcommittee rejects bill clarifying deductions for taxes measured on gross receipts HB 9 56 sought to expand the BPOL deduction to recognize gross‑receipts or franchise taxes paid to other states; business groups supported it as modernization, while commissioners of the revenue warned of fiscal losses and audit burdens. The motion to report failed 4–6.

Virginia's proposed HB 9 56 aimed to modernize tax deductions, but faced fierce opposition over potential fiscal impacts and administrative challenges.

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Sponsor pitches phased corporate tax cut; staff flags $1.8 billion biennial cost A proposal to reduce Virginia's corporate tax rate to 2.25% over three years drew debate over competitiveness and budget tradeoffs. Staff estimated roughly $1.8 billion in biennial revenue loss; the committee moved to pass the bill by indefinitely.

Virginia's ambitious plan to cut corporate taxes to attract businesses faces a major roadblock as the committee halts the bill amid concerns over a staggering $1.8 billion revenue gap.

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Deacon Jones Expands with Two New Stores in South Hill, Virginia - Send2Press Newswire SMITHFIELD, N.C., Jan. 30, 2025 (SEND2PRESS NEWSWIRE) -- Deacon Jones Automotive Group is proud to announce its expansion into South Hill, Virginia, with the acquisition of two new dealerships: Deacon...

Deacon Jones Expands with Two New Stores in South Hill, Virginia
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