VA HB88 | 2024 | Regular Session

Virginia House Bill 88 (Prior Session Legislation)

Note: Carry Foward to future HB88

Status

Spectrum: Bipartisan Bill
Status: Introduced on December 28 2023 - 25% progression, died in committee
Action: 2024-02-07 - Continued to 2025 in Finance by voice vote
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia taxable income; standard deduction. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that was scheduled to expire for taxable years beginning on and after January 1, 2026.

Title

Income tax, state; removes sunset on elevated standard deduction amounts.

Roll Calls

2024-02-05 - House - House: Subcommittee recommends continuing to 2025 (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 1) [PASS]

History

Date	Chamber	Action
2024-02-07	House	Continued to 2025 in Finance by voice vote
2024-02-05	House	Subcommittee recommends continuing to 2025 (7-Y 0-N)
2024-02-02	House	Assigned Finance sub: Subcommittee #3
2023-12-28	House	Referred to Committee on Finance
2023-12-28	House	Prefiled and ordered printed; offered 01/10/24 24101436D

Same As/Similar To

HB88 (Carry Over) 2024-02-07 - Continued to 2025 in Finance by voice vote

Subjects

Income Tax
Taxation

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
58	1	322.03	(n/a)	See Bill Text

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB88
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB88+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB88F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1003V0001+HB0088