VA SB651 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2024 - 25% progression
Action: 2024-02-06 - Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2024 - 25% progression
Action: 2024-02-06 - Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Summary
Military benefits income tax subtraction; age requirement; emergency. Eliminates the age requirement to claim the individual income tax subtraction for military benefits beginning in taxable year 2023. Under current law, only taxpayers 55 years of age or older may claim the subtraction prior to taxable year 2024. The bill contains an emergency clause.
Title
Income tax, state; military benefits subtraction, eliminates age requirement.
Sponsors
Roll Calls
2024-02-06 - Senate - Senate: Passed by indefinitely in Finance and Appropriations (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | Senate | Passed by indefinitely in Finance and Appropriations (14-Y 0-N) |
| 2024-01-12 | Senate | Referred to Committee on Finance and Appropriations |
| 2024-01-12 | Senate | Presented and ordered printed with emergency clause 24103943D |
