Income tax, state; indexing age deduction. (HB249)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Individual income tax; senior citizen tax relief. Provides for indexing the $12,000 and $6,000 age deduction amounts based on the Consumer Price Index for All Urban Consumers, for taxable years beginning on or after January 1, 2007. 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
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