Virginia House Bill 1407 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 17 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Income tax subtraction; military retirement benefits; uniformed services. Expands the definition of "military benefits" to include an income tax subtraction of retirement income received for service in the uniformed services of the United States, which includes the United States Armed Forces, the commissioned corps of the National Oceanic and Atmospheric Administration, and the commissioned corps of the United States Public Health Service. Under current law, the subtraction is only allowed for military retirement income received for service in the United States Armed Forces.

Income tax, state; subtraction for tax, military retirement benefits, uniformed services.

Del. Hyland Fowler [R]

Del. Mike Cherry [R]

Del. Baxter Ennis [R]

Del. Chad Green [R]

Date	Chamber	Action
2024-02-13	House	Left in Finance
2024-02-02	House	Assigned Finance sub: Subcommittee #1
2024-01-17	House	Referred to Committee on Finance
2024-01-17	House	Presented and ordered printed 24104146D

SB10 (Similar To) 2024-02-06 - Continued to 2025 in Finance and Appropriations (14-Y 0-N)

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?241+sum+HB1407
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB1407+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB1407F161+PDF