Income tax, state; subtraction of retirement payments. (HB161)

Introduced By

Del. Scott Lingamfelter (R-Woodbridge) with support from co-patron Del. Jeff Frederick (R-Woodbridge)

Progress

Introduced
X
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Income tax; subtraction of federal, state, or local government employee retirement payments. Reduces taxable income by the amount of any federal, state, or local government employee retirement payments received. Amends § 58.1-322 (“Virginia taxable income of residents.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Failed
View Bill's History