Thursday, July 24, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB2439: Income tax, state; provides an age deduction.
Chief Patron
Del.
Jeff Frederick (R-52)
Jeff Frederick
(R-52)
Woodbridge, VA
Served: 2004–
Progress
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Introduced |
 |
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 |
Status
Bill is Dead
Summary
Income tax; age deduction. Replaces the current age deduction for income tax purposes with a deduction of $7,000 for taxpayers age 62 through 64 and $14,000 for taxpayers age 65 and older whose social security benefits are no more than $3,500, effective for taxable years beginning January 1, 2008. The deduction and benefits amounts are to be indexed annually according to the Consumer Price Index for all Urban Consumers.
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Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
