Income tax, state; creates deductions for life, medical, and dental insurance premiums. (HB517)

Introduced By

Del. Bob Purkey (R-Virginia Beach)

Progress

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

Description

Individual income tax deductions; life, medical, and dental insurance premiums.  Creates individual income tax deductions beginning January 1, 2012, for (i) life insurance premiums paid by the individual for a life insurance policy covering him and (ii) medical and dental insurance premiums paid by the individual for any person for which individual tax filers may claim a deduction for such premiums under federal income tax laws. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12102432D
01/10/2012Referred to Committee on Finance
01/27/2012Impact statement from TAX (HB517)
02/06/2012Continued to 2013 in Finance