Virginia Code | Chapter 58 Article 1 Section 322.03 | House | Bills

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VAHB1305Intro
25%		Virginia College Savings Plan; Virginia College Opportunity Endowment and Fund. Directs the board of the Virginia College Savings Plan to deposit $250 million per year of surplus moneys from the Plan's fund into the Virginia College Opportunity Fund,...
[Detail][Text][Discuss]		2024-11-18
To House Appropriations Committee
VAHB88Intro
25%		Virginia taxable income; standard deduction. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that was scheduled to expire for taxable years beginning on and after January 1, 2026.
[Detail][Text][Discuss]		2024-11-18
To House Finance Committee
VAHB240Intro
25%		Income tax; contributions to Virginia College Savings Plan accounts; report. Increases the maximum individual income tax deduction for amounts paid or contributed to a prepaid tuition contract or college savings trust account entered into with the Vi...
[Detail][Text][Discuss]		2024-11-18
To House Finance Committee
VAHB1470Intro
25%		Income tax deduction; union dues. Provides an income tax deduction beginning in taxable year 2024 for the amount paid by an individual for union dues for participation in a labor organization.
[Detail][Text][Discuss]		2024-11-18
To House Finance Committee
VAHB887Intro
25%		Income taxes. Creates a new income tax bracket for taxable years beginning on and after January 1, 2024, for income in excess of $600,000, which is to be taxed at seven percent. The bill also creates two new tax credits: a child and dependent care ta...
[Detail][Text][Discuss]		2024-11-18
To House Finance Committee
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