VA HB131 | 2012 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 8)
Status: Introduced on January 4 2012 - 25% progression, died in chamber
Action: 2012-02-06 - House: Continued to 2013 in Finance by voice vote
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 4 2012 - 25% progression, died in chamber
Action: 2012-02-06 - House: Continued to 2013 in Finance by voice vote
Text: Latest bill text (Prefiled) [HTML]
Summary
Individual income tax credit; disabled military veterans. Establishes an individual income tax credit beginning with the 2012 taxable year for veterans with a military service-connected disability. The credit would be computed by multiplying the veteran's disability rating for the taxable year by the amount of his Virginia individual income tax liability for the year. The veteran's disability rating would be determined using the disability ratings of the U.S. Department of Veterans Affairs.
Title
Income tax, state; tax credit for disabled military veterans.
Sponsors
| Del. Richard Bell [R] | Del. Gordon Helsel [R] | Del. Terry Kilgore [R] | Del. Donald Merricks [R] |
| Del. John O'Bannon [R] | Del. Margaret Ransone [R] | Del. Thomas Rust [R] | Del. Ron Villanueva [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-06 | House: Continued to 2013 in Finance by voice vote | |
| 2012-01-12 | House: Assigned Finance sub: Subcommittee #3 | |
| 2012-01-04 | House: Referred to Committee on Finance | |
| 2012-01-04 | House: Prefiled and ordered printed; offered 01/11/12 12100283D |
Subjects
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB131 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB131+hil |
