VA HB88 | 2024 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on December 28 2023 - 25% progression
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.

Tracking Information

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Title

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

Sponsors


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

DateChamberAction
2024-02-07HouseContinued to 2025 in Finance by voice vote
2024-02-05HouseSubcommittee recommends continuing to 2025 (7-Y 0-N)
2024-02-02HouseAssigned Finance sub: Subcommittee #3
2023-12-28HouseReferred to Committee on Finance
2023-12-28HousePrefiled and ordered printed; offered 01/10/24 24101436D

Subjects


Code Citations

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

Virginia State Sources


Bill Comments

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