VA SB528 | 2022 | Regular Session

Note: Carry Foward to future SB528

Status

Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: Engrossed on February 14 2022 - 50% progression, died in chamber
Action: 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455
Text: Latest bill text (Conference Sub) [HTML]

Summary

Income tax; military benefits subtraction. Provides an individual income tax subtraction for up to $5,000 of military benefits in taxable year 2022, up to $10,000 in taxable year 2023, up to $15,000 in taxable year 2024, and up to $20,000 in taxable year 2025 and each taxable year thereafter. The subtraction is limited to recipients of such military benefits who are age 60 or older. Income tax; military benefits subtraction. Provides an individual income tax subtraction for up to $5,000 of military benefits in taxable year 2022, up to $10,000 in taxable year 2023, up to $15,000 in taxable year 2024, and up to $20,000 in taxable year 2025 and each taxable year thereafter. The subtraction is limited to recipients of such military benefits who are age 60 or older.

Tracking Information

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Title

Income tax, state; military benefits subtraction, person 60 years of age or older, etc.

Sponsors


Roll Calls

2022-03-02 - Senate - Senate: Senate acceded to request (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-02 - Senate - Senate: House substitute rejected by Senate (11-Y 29-N) (Y: 11 N: 29 NV: 0 Abs: 0) [FAIL]
2022-02-28 - House - House: VOTE: Passage (98-Y 0-N 1-A) (Y: 98 N: 0 NV: 1 Abs: 1) [PASS]
2022-02-23 - House - House: Reported from Finance with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-14 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-14 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Reported from Finance and Appropriations with substitute (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-03-12SenateContinued to 2022 Sp. Sess. 1 pursuant to HJR455
2022-03-07SenatePassed by for the day
2022-03-07SenateConference substitute printed 22107553D-S2
2022-03-02HouseDelegates: McGuire, Orrock, Torian
2022-03-02HouseConferees appointed by House
2022-03-02SenateSenators: Reeves, Locke, Deeds
2022-03-02SenateConferees appointed by Senate
2022-03-02SenateSenate acceded to request (40-Y 0-N)
2022-03-02HouseHouse requested conference committee
2022-03-02HouseHouse insisted on substitute
2022-03-02SenateHouse substitute rejected by Senate (11-Y 29-N)
2022-02-28HouseVOTE: Passage (98-Y 0-N 1-A)
2022-02-28HousePassed House with substitute (98-Y 0-N 1-A)
2022-02-28HouseEngrossed by House - committee substitute SB528H1
2022-02-28HouseCommittee substitute agreed to 22106926D-H1
2022-02-28HouseRead third time
2022-02-25HouseRead second time
2022-02-23HouseCommittee substitute printed 22106926D-H1
2022-02-23HouseReported from Finance with substitute (21-Y 0-N)
2022-02-18HouseReferred to Committee on Finance
2022-02-18HouseRead first time
2022-02-18HousePlaced on Calendar
2022-02-14SenatePassed Senate (40-Y 0-N)
2022-02-14SenateConstitutional reading dispensed (40-Y 0-N)
2022-02-14SenateEngrossed by Senate - committee substitute SB528S1
2022-02-14SenateEmergency clause deleted
2022-02-14SenateCommittee substitute agreed to 22106367D-S1
2022-02-14SenateReading of substitute waived
2022-02-14SenateRead second time
2022-02-11SenateConstitutional reading dispensed (40-Y 0-N)
2022-02-10SenateIncorporates SB586 (Chase)
2022-02-10SenateIncorporates SB381 (McDougle)
2022-02-10SenateCommittee substitute printed 22106367D-S1
2022-02-10SenateReported from Finance and Appropriations with substitute (16-Y 0-N)
2022-01-12SenateReferred to Committee on Finance and Appropriations
2022-01-12SenatePrefiled and ordered printed with emergency clause; offered 01/12/22 22104279D

Same As/Similar To

SB528 (Carry Over) 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455

Subjects


Code Citations

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

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB528
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB528+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB528S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB528H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB528S2+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22105686A.pdf
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22106367D.pdf
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22106926D.pdf
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+amd+SB528AC
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB528F161+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB528FS1161+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+S05V0222+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0359SB0528+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0397SB0528+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0398SB0528+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H10V0137+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+HV1240+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0673SB0528+SB0528
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0730SB0528+SB0528

Bill Comments

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