VA HB1292 | 2024 | Regular Session
Note: Carry Foward to future HB1292
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-02-07 - Continued to 2025 with substitute in Finance by voice vote
Pending: House Finance Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-02-07 - Continued to 2025 with substitute in Finance by voice vote
Pending: House Finance Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
Income tax subtraction; professional firefighter pension. Establishes an income tax subtraction for up to $20,000 of firefighter benefits in taxable year 2024, up to $30,000 in taxable year 2025, and up to $40,000 in taxable year 2026 and each year thereafter. The bill defines firefighter benefits to include retirement income related to firefighting services and benefits paid to the surviving spouse of a firefighter whose death occurred in the line of duty.
Title
Income tax, state; subtraction for professional firefighter pension.
Sponsors
| Del. Alex Askew [D] | Del. Rozia Henson [D] | Del. Patrick Hope [D] | Del. Paul Krizek [D] |
| Del. Joshua Thomas [D] | Del. Jeion Ward [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-07 | House | Continued to 2025 with substitute in Finance by voice vote |
| 2024-02-07 | House | Committee substitute posted to LIS only 24107082D-H1 |
| 2024-02-05 | House | Subcommittee recommends continuing to 2025 with substitute by voice vote |
| 2024-02-02 | House | Assigned Finance sub: Subcommittee #1 |
| 2024-01-10 | House | Referred to Committee on Finance |
| 2024-01-10 | House | Prefiled and ordered printed; offered 01/10/24 24102658D |
Same As/Similar To
HB1292 (Carry Over) 2024-02-07 - Continued to 2025 with substitute in Finance by voice vote
