VA SB1211 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 4 2019 - 25% progression, died in chamber
Action: 2019-01-30 - Passed by indefinitely in Finance (16-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 4 2019 - 25% progression, died in chamber
Action: 2019-01-30 - Passed by indefinitely in Finance (16-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Virginia income tax; conformity; standard deduction; emergency. Advances conformity of the Commonwealth's tax code with the federal tax code to December 31, 2018, including conformity to the federal Tax Cuts and Jobs Act. The bill raises Virginia's standard deduction to $6,000 per taxpayer or $12,000 for married persons filing jointly for taxable year 2018. In future tax years, the deduction will be adjusted by a percentage equal to the difference in the Chained Consumer Price Index for All Urban Consumers between the current year and 2018. The bill also contains an emergency clause.
Title
Income tax, state; conformity; standard deduction.
Sponsors
Roll Calls
2019-01-30 - Senate - Senate: Passed by indefinitely in Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-30 | Senate | Passed by indefinitely in Finance (16-Y 0-N) |
| 2019-01-04 | Senate | Referred to Committee on Finance |
| 2019-01-04 | Senate | Prefiled and ordered printed with emergency clause; offered 01/09/19 19101501D |
