Bill Text: VA HB935 | 2022 | Regular Session | Engrossed
Bill Title: Income tax, state; refund amounts for individuals or married persons filing a joint return.
Spectrum: Partisan Bill (Republican 24-0)
Status: (Engrossed - Dead) 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455 [HB935 Detail]
Download: Virginia-2022-HB935-Engrossed.html
Be it enacted by the General Assembly of Virginia:
1. §1. That in addition to any refund due pursuant
to §58.1-309 of the Code of Virginia, and for taxable years beginning on and
after January 1, 2021, but before January 1, 2022, an individual filing a final
Virginia income tax return [ before July on or before November
] 1, 2022, or married persons filing a final Virginia income tax joint
return [ before July on or before November ] 1,
2022, shall be issued a refund in an amount of up to $300 for an individual or
up to $600 for married persons filing a joint return. An individual shall only
be allowed a refund pursuant to this act up to the amount of such individual's
tax liability after the application of any deductions, subtractions, or credits
to which the individual is entitled pursuant to Chapter 3 (§58.1-300 et seq.)
of Title 58.1 of the Code of Virginia. Married persons filing a joint return
shall only be allowed a refund pursuant to this act up to the amount of such
married persons' tax liability after the application of any deductions,
subtractions, or credits to which the married persons are entitled pursuant to
Chapter 3 of Title 58.1 of the Code of Virginia. Any refund issued pursuant to
this act shall be subject to collection under the provisions of the Setoff Debt
Collection Act (§58.1-520 et seq. of the Code of Virginia).
