VA HB2673 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 13 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 13 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Income tax; conformity; increase in standard deduction; refundable income tax credit for low-income taxpayers. Advances the Commonwealth's conformity with federal tax law to December 31, 2018, starting with taxable year 2019. The bill allows an individual taxpayer to itemize for state income tax purposes regardless of whether he itemizes on his federal return for taxable years 2019 through 2025. Current law requires a taxpayer to claim the standard deduction on his state return if he claims the standard deduction on his federal return.
Title
Income tax, state; conformity, increase in standard deduction, refundable income tax credit.
Sponsors
Del. Dawn Adams [D] | Del. Kaye Kory [D] |
History
Date | Chamber | Action |
---|---|---|
2019-02-05 | House | Left in Rules |
2019-01-13 | House | Referred to Committee on Rules |
2019-01-13 | House | Presented and ordered printed 19103821D |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
58 | 1 | 301 | (n/a) | See Bill Text |
58 | 1 | 322.03 | (n/a) | See Bill Text |
58 | 1 | 339.8 | (n/a) | See Bill Text |
63 | 2 | 527 | (n/a) | See Bill Text |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2673 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2673+hil |