Virginia House Bill 678 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Individual income tax subtraction; all retirement income. Establishes an individual income tax subtraction for all retirement income, whether paid by federal or state government or a private entity. Under current law, retirement income is tax-exempt only if it is (i) federal social security or railroad retirement benefits or (ii) a distribution from a retirement plan that qualifies for tax-preferred status under the federal Internal Revenue Code, but only to the extent that such distribution is subject to income tax in another state.

Income tax, state; subtraction for all retirement income.

Del. Brenda Pogge [R]

2018-01-24 - House - House: Subcommittee recommends striking from docket (7-Y 0-N) (Y: 7 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2018-02-13	House	Left in Finance
2018-01-24	House	Subcommittee recommends striking from docket (7-Y 0-N)
2018-01-23	House	Assigned Finance sub: Subcommittee #2
2018-01-09	House	Referred to Committee on Finance
2018-01-09	House	Prefiled and ordered printed; offered 01/10/18 18101911D

Chapter	Article	Section	Citation Type	Statute Text
58	1	322.02	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB678
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB678+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H1002V0003+HB0678