VA SB381 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 11 2022 - 25% progression, died in chamber
Action: 2022-02-10 - Incorporated by Finance and Appropriations
Text: Latest bill text (Prefiled) [HTML]

Summary

Income tax; military retirement income subtraction. Exempts, beginning with taxable year 2022, up to $40,000 of military retirement income of a veteran who is at least 55 years old and who was honorably discharged after active duty service in the Armed Forces of the United States, its reserve components, or the National Guard of Virginia or any other state.

Tracking Information

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Title

Income tax, state; exempts military retirement income of a veteran.

Sponsors


Roll Calls

2022-02-10 - Senate - Senate: Incorporated by Finance and Appropriations (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-02-10SenateIncorporated by Finance and Appropriations
2022-01-11SenateReferred to Committee on Finance and Appropriations
2022-01-11SenatePrefiled and ordered printed; offered 01/12/22 22101366D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581322.02(n/a)See Bill Text

Virginia State Sources


Bill Comments

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