VA SB108 | 2024 | Regular Session

Note: Carry Foward to future SB108

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2024 - 25% progression, died in committee
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia taxable income; standard deduction. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that was scheduled to expire for taxable years beginning on and after January 1, 2026.

Tracking Information

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Title

Income tax, state; standard deduction.

Sponsors


Roll Calls

2024-02-06 - Senate - Senate: Continued to 2025 in Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-02-06SenateContinued to 2025 in Finance and Appropriations (15-Y 0-N)
2024-01-03SenateReferred to Committee on Finance and Appropriations
2024-01-03SenatePrefiled and ordered printed; offered 01/10/24 24103720D

Same As/Similar To

SB108 (Carry Over) 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581322.03(n/a)See Bill Text

Virginia State Sources


Bill Comments

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