VA HB1888 | 2013 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2013 - 25% progression, died in chamber
Action: 2013-01-23 - Incorporated by Finance
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 8 2013 - 25% progression, died in chamber
Action: 2013-01-23 - Incorporated by Finance
Text: Latest bill text (Prefiled) [HTML]
Summary
Individual income tax and fuels taxes; adjusted for inflation. Adjusts elements of Virginia's individual income tax and fuels taxes annually to account for inflation. The individual income tax income brackets, return filing thresholds, standard deduction, and personal exemption amounts would be adjusted annually beginning in 2014 by the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U), for all items, from October 1 through September 30 for the immediately preceding year. Virginia's fuels taxes would be adjusted each July 1 beginning in 2013 by the percentage change in the U.S. Department of Labor's Producer Price Index for Other Nonresidential Construction - Land Transportation from May 1 through April 30 immediately preceding the affected July 1.
Title
Income tax, state and fuels taxes; adjusted for inflation.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-01-23 | House | Incorporated by Finance |
2013-01-08 | House | Referred to Committee on Finance |
2013-01-08 | House | Prefiled and ordered printed; offered 01/09/13 13100618D |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
58 | 1 | 2217 | (n/a) | See Bill Text |
58 | 1 | 2249 | (n/a) | See Bill Text |
58 | 1 | 2289 | (n/a) | See Bill Text |
58 | 1 | 2701 | (n/a) | See Bill Text |
58 | 1 | 2706 | (n/a) | See Bill Text |
58 | 1 | 320 | (n/a) | See Bill Text |
58 | 1 | 321 | (n/a) | See Bill Text |
58 | 1 | 322 | (n/a) | See Bill Text |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB1888 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB1888+hil |