Income tax, state; military retirement pay subtraction. (HB130)
Introduced By
Del. Terry Kilgore (R-Gate City)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Individual income tax; military retirement pay subtraction. Establishes an individual income tax subtraction for annual retirement compensation received for service as a member of the Armed Forces of the United States or the Virginia National Guard. The subtraction is effective beginning with the 2012 taxable year. Amends § 58.1-322, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 01/04/2012 Committee
- 01/04/2012 Prefiled and ordered printed; offered 01/11/12 12100284D
- 01/04/2012 Referred to Committee on Finance
- 01/12/2012 Assigned Finance sub: Subcommittee #3
- 02/02/2012 Impact statement from TAX (HB130)
- 02/06/2012 Continued to 2013 in Finance