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 »

