VA SB618 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 14 2016 - 25% progression, died in committee
Action: 2016-02-09 - Continued to 2017 in Finance (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2016 - 25% progression, died in committee
Action: 2016-02-09 - Continued to 2017 in Finance (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Standard deduction; adjusted for inflation. Adjusts the individual income tax standard deduction annually beginning with the 2017 taxable year by the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U), for all items, from July 1 through June 30 for the year immediately preceding the taxable year.
Title
Standard deduction; adjusted for inflation.
Sponsors
Roll Calls
2016-02-09 - Senate - Senate: Continued to 2017 in Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-09 | Senate | Continued to 2017 in Finance (15-Y 0-N) |
| 2016-01-14 | Senate | Referred to Committee on Finance |
| 2016-01-14 | Senate | Presented and ordered printed 16103530D |
