| VA | HB1133 | Pass | Virginia College Savings Plan; renamed Commonwealth Savers Plan. Renames the Virginia College Savings Plan as the Commonwealth Savers Plan.
[Detail][Text][Discuss] | 2024-03-28
Governor: Acts of Assembly Chapter text (CHAP0217) |
| VA | HB165 | Intro
25% | Income tax deduction; union dues. Provides an income tax deduction beginning in taxable year 2024 for the amount paid by an individual for union dues for participation in a labor organization.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB396 | Intro
25% | Birth of dependent household member tax deduction. Allows an income tax deduction for the birth of a dependent member of a taxpayer's household that occurs during the taxable year, beginning in taxable year 2024. The bill provides that the deduction ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB541 | Intro
25% | Income tax; deduction for qualified business income. Establishes, beginning with tax year 2024, an individual income tax deduction in an amount equal to 50 percent of certain federal qualified business income deductions, excluding qualified real esta...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1234 | Intro
25% | Eligible educator income tax deduction; home school instruction income tax credit. Increases from $500 to $1,500 for tax years 2024 through 2026 the amount of income tax deduction certain eligible educators may deduct for qualifying expenses. The b...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | SB501 | Intro
25% | Virginia College Savings Plan; Virginia College Opportunity Endowment and Fund. Directs the board of the Virginia College Savings Plan to deposit $250 million per year of surplus moneys from the Plan's fund into the Virginia College Opportunity Fund,...
[Detail][Text][Discuss] | 2024-02-12
To Senate Finance and Appropriations Committee |
| VA | HB88 | Intro
25% | 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.
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB240 | Intro
25% | Income tax; contributions to Virginia College Savings Plan Income tax; contributions to Virginia College Savings Plan accounts; report. Increases the maximum individual income tax deduction for amounts paid or contributed to a prepaid tuition contrac...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB887 | Intro
25% | Income taxes. Creates a new income tax bracket for taxable years beginning on and after January 1, 2024, for income in excess of $600,000, which is to be taxed at seven percent. The bill also creates two new tax credits: a child and dependent care ta...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1305 | Intro
25% | Virginia College Savings Plan; Virginia College Opportunity Endowment and Fund. Directs the board of the Virginia College Savings Plan to deposit $250 million per year of surplus moneys from the Plan's fund into the Virginia College Opportunity Fund,...
[Detail][Text][Discuss] | 2024-02-07
To House Appropriations Committee |
| VA | SB108 | Intro
25% | 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.
[Detail][Text][Discuss] | 2024-02-06
To Senate Finance and Appropriations Committee |
| VA | HB1470 | Intro
25% | Income tax deduction; union dues. Provides an income tax deduction beginning in taxable year 2024 for the amount paid by an individual for union dues for participation in a labor organization.
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
