VA HB54 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 25 2019 - 25% progression
Action: 2019-11-25 - Committee Referral Pending
Text: Latest bill text (Prefiled) [HTML]

Summary

Income tax; age deduction; increase income threshold for married filers. Increases to $100,000 the threshold at which the income tax deduction for taxpayers 65 or older is reduced based on income, as such threshold applies to married taxpayers filing jointly or separately. Under current law, the threshold for married taxpayers is $75,000 and the threshold for individual taxpayers is $50,000.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Income tax, state; age deduction increases income threshold for married filers.

Sponsors


History

DateChamberAction
2019-11-25HouseCommittee Referral Pending
2019-11-25HousePrefiled and ordered printed; offered 01/08/20 20101388D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581322.03(n/a)See Bill Text

Virginia State Sources


Bill Comments

feedback