VA SB733 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 22 2016 - 25% progression, died in committee
Action: 2016-02-09 - Continued to 2017 in Finance (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Individual income tax; adjusted for inflation. Adjusts Virginia's individual income tax brackets, standard deduction, and personal exemption amounts annually beginning with the 2016 taxable year by the percentage increase in the Consumer Price Index for all urban consumers (CPI-U), for all items, from July 1 through June 30 for the year immediately preceding the taxable year.

Tracking Information

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Title

Income tax, state; annual adjustment for inflation.

Sponsors


Roll Calls

2016-02-09 - Senate - Senate: Continued to 2017 in Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-02-09SenateContinued to 2017 in Finance (15-Y 0-N)
2016-01-22SenateReferred to Committee on Finance
2016-01-22SenatePresented and ordered printed 16103589D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581320(n/a)See Bill Text
581322(n/a)See Bill Text

Virginia State Sources


Bill Comments

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