Virginia House Bill 131 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on January 4 2012 - 25% progression, died in committee
Action: 2012-11-29 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Individual income tax credit; disabled military veterans. Establishes an individual income tax credit beginning with the 2012 taxable year for veterans with a military service-connected disability. The credit would be computed by multiplying the veteran's disability rating for the taxable year by the amount of his Virginia individual income tax liability for the year. The veteran's disability rating would be determined using the disability ratings of the U.S. Department of Veterans Affairs.

Income tax, state; tax credit for disabled military veterans.

Del. Terry Kilgore [R]	Del. Donald Merricks [R]	Del. John O'Bannon [R]	Del. Thomas Rust [R]
Del. Richard Bell [R]	Del. Ron Villanueva [R]	Del. Gordon Helsel [R]	Del. Margaret Ransone [R]

Date	Chamber	Action
2012-11-29	House	Left in Finance
2012-02-06	House	Continued to 2013 in Finance by voice vote
2012-01-12	House	Assigned Finance sub: Subcommittee #3
2012-01-04	House	Referred to Committee on Finance
2012-01-04	House	Prefiled and ordered printed; offered 01/11/12 12100283D

Chapter	Article	Section	Citation Type	Statute Text
58	1	339.13	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB131
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB131+hil