VA SB335 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2018 - 25% progression, died in chamber
Action: 2018-01-31 - Passed by indefinitely in Finance with letter (15-Y 1-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 8 2018 - 25% progression, died in chamber
Action: 2018-01-31 - Passed by indefinitely in Finance with letter (15-Y 1-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Virginia taxable income; deduction for personal exemptions. Increases the deduction, for purposes of computing Virginia taxable income, for personal exemptions. For taxable years beginning on and after January 1, 2019, a taxpayer may deduct $1,000 for each personal exemption allowable to the taxpayer on federal income taxes; current law allows a deduction of $930 per exemption. A taxpayer who is blind or aged may deduct an additional personal exemption in the amount of $900; current law allows an additional deduction of $800.
Title
Income tax, state; increases deduction for personal exemptions.
Sponsors
Roll Calls
2018-01-31 - Senate - Senate: Passed by indefinitely in Finance with letter (15-Y 1-N) (Y: 15 N: 1 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-01-31 | Senate | Passed by indefinitely in Finance with letter (15-Y 1-N) |
2018-01-08 | Senate | Referred to Committee on Finance |
2018-01-08 | Senate | Prefiled and ordered printed; offered 01/10/18 18103154D |