VA SB108 | 2024 | Regular Session

Virginia Senate Bill 108 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2024 - 25% progression
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)
Pending: Senate Finance and Appropriations 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; standard deduction.

Roll Calls

2024-02-06 - Senate - Senate: Continued to 2025 in Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

Date	Chamber	Action
2024-02-06	Senate	Continued to 2025 in Finance and Appropriations (15-Y 0-N)
2024-01-03	Senate	Referred to Committee on Finance and Appropriations
2024-01-03	Senate	Prefiled and ordered printed; offered 01/10/24 24103720D

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+SB108
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB108+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB108F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S05V0118+SB0108