VA SB61 | 2025 | Regular Session
Note: Carry Over of previous SB61
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 26 2023 - 25% progression
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (14-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on December 26 2023 - 25% progression
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (14-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Income tax subtraction; firefighter benefits. 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 professional firefighting services and benefits paid to the surviving spouse of a firefighter whose death occurred in the line of duty.
Title
Income tax, state; establishes a subtraction for firefighter benefits.
Sponsors
Roll Calls
2024-02-06 - Senate - Senate: Continued to 2025 in Finance and Appropriations (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | Senate | Continued to 2025 in Finance and Appropriations (14-Y 0-N) |
| 2023-12-26 | Senate | Referred to Committee on Finance and Appropriations |
| 2023-12-26 | Senate | Prefiled and ordered printed; offered 01/10/24 24102225D |
Same As/Similar To
SB61 (Carry Over) 2024-02-06 - Continued to 2025 in Finance and Appropriations (14-Y 0-N)
