VA SB943 | 2025 | Regular Session

Virginia Senate Bill 943

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 6 2025 - 25% progression
Action: 2025-01-21 - Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Income tax; subtraction; retirement income of certain federal employees. Establishes, beginning in taxable year 2025, an individual income tax subtraction for 20 percent of the retirement income of retirees covered under the federal Civil Service Retirement System (CSRS).

Title

Income tax, state; subtraction for retirement income of certain federal employees.

Roll Calls

2025-01-21 - Senate - Passed by indefinitely in Finance and Appropriations (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 1) [PASS]

History

Date	Chamber	Action
2025-01-21	Senate	Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
2025-01-18	Senate	Impact statement from TAX (SB943)
2025-01-06	Senate	Referred to Committee on Finance and Appropriations
2025-01-06	Senate	Prefiled and ordered printed; Offered 01-08-2025 25102054D

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/bill-details/20251/SB943
Text	https://lis.virginia.gov/bill-details/20251/SB943/text/SB943
Supplement	https://lis.blob.core.windows.net/files/1023229.PDF
Roll Call	https://lis.virginia.gov/vote-details/SB943/20251/S05V317