VA HB472 | 2022 | Regular Session
Note: Carry Foward to future HB472
Status
Spectrum: Partisan Bill (Republican 27-0)
Status: Engrossed on February 14 2022 - 50% progression, died in committee
Action: 2022-03-01 - Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Engrossed on February 14 2022 - 50% progression, died in committee
Action: 2022-03-01 - Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
Income tax; standard deduction. Increases the standard deduction, starting with taxable year 2022, from $4,500 to $9,000 for single filers and from $9,000 to $18,000 for married filers (one-half of such amount in the case of a married individual filing a separate return). The increase would remain in effect until taxable year 2026, when the standard deduction is scheduled to be reduced to $3,000 for single filers and to $6,000 for married filers. Income tax; standard deduction. Increases the standard deduction, starting with taxable year 2022, from $4,500 to $9,000 for single filers and from $9,000 to $18,000 for married filers (one-half of such amount in the case of a married individual filing a separate return). The increase would remain in effect until taxable year 2026, when the standard deduction is scheduled to be reduced to $3,000 for single filers and to $6,000 for married filers.
Title
Income tax, state; increases standard deduction.
Sponsors
Roll Calls
2022-03-01 - Senate - Senate: Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A) (Y: 11 N: 3 NV: 1 Abs: 0) [PASS]
2022-02-15 - House - House: VOTE: Passage (52-Y 48-N) (Y: 52 N: 48 NV: 0 Abs: 0) [PASS]
2022-02-11 - House - House: Reported from Appropriations (10-Y 8-N) (Y: 10 N: 8 NV: 0 Abs: 4) [PASS]
2022-02-02 - House - House: Reported from Finance with substitute (11-Y 10-N) (Y: 11 N: 10 NV: 0 Abs: 1) [PASS]
2022-02-15 - House - House: VOTE: Passage (52-Y 48-N) (Y: 52 N: 48 NV: 0 Abs: 0) [PASS]
2022-02-11 - House - House: Reported from Appropriations (10-Y 8-N) (Y: 10 N: 8 NV: 0 Abs: 4) [PASS]
2022-02-02 - House - House: Reported from Finance with substitute (11-Y 10-N) (Y: 11 N: 10 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-01 | Senate | Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A) |
| 2022-02-16 | Senate | Referred to Committee on Finance and Appropriations |
| 2022-02-16 | Senate | Constitutional reading dispensed |
| 2022-02-15 | House | VOTE: Passage (52-Y 48-N) |
| 2022-02-15 | House | Read third time and passed House (52-Y 48-N) |
| 2022-02-14 | House | Engrossed by House - committee substitute HB472H1 |
| 2022-02-14 | House | Committee substitute agreed to 22105245D-H1 |
| 2022-02-14 | House | Read second time |
| 2022-02-13 | House | Read first time |
| 2022-02-11 | House | Reported from Appropriations (10-Y 8-N) |
| 2022-02-02 | House | Referred to Committee on Appropriations |
| 2022-02-02 | House | Reported from Finance with substitute (11-Y 10-N) |
| 2022-02-02 | House | Committee substitute printed 22105245D-H1 |
| 2022-01-27 | House | Assigned Finance sub: Subcommittee #1 |
| 2022-01-11 | House | Referred to Committee on Finance |
| 2022-01-11 | House | Prefiled and ordered printed; offered 01/12/22 22100741D |
Same As/Similar To
HB472 (Carry Over) 2022-03-01 - Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
