Income tax, state; advances conformity with federal law. (SB463)

Introduced By

Sen. Walter Stosch (R-Glen Allen)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Income taxes.  Advances the date as of which Virginia income tax laws conform with the Internal Revenue Code from December 31, 2010, to December 31, 2011; restores conformity to certain provisions of the federal earned income tax credit for taxable year 2011 for purposes of Virginia's low-income taxpayer income tax credit; and reinstates the age deduction for individuals born on or before January 1, 1939, that was inadvertently deleted by Chapter 851 of the Acts of Assembly of 2011. The bill contains an emergency clause. Read the Bill »


Bill Has Passed


01/11/2012Prefiled and ordered printed with emergency clause; offered 01/11/12
01/11/2012Prefiled and ordered printed with emergency clause; offered 01/11/12 12103674D
01/11/2012Referred to Committee on Finance
01/15/2012Impact statement from TAX (SB463)
01/18/2012Reported from Finance (14-Y 0-N) (see vote tally)
01/19/2012Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/20/2012Read second time and engrossed
01/23/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/13/2012Placed on Calendar
02/13/2012Read first time
02/13/2012Referred to Committee on Finance
02/13/2012Assigned Finance sub: #2
02/14/2012Impact statement from TAX (SB463)
02/15/2012Subcommittee recommends reporting (10-Y 0-N)
02/20/2012Reported from Finance (21-Y 0-N) (see vote tally)
02/21/2012Read second time
02/22/2012Read third time
02/22/2012Passed by temporarily
02/22/2012Passed House BLOCK VOTE (96-Y 0-N)
02/22/2012VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally)
02/27/2012Bill text as passed Senate and House (SB463ER)
02/27/2012Impact statement from TAX (SB463ER)
02/27/2012Signed by Speaker
02/28/2012Signed by President
04/04/2012G Approved by Governor-Chapter 578 (effective 4/4/12)
04/04/2012G Acts of Assembly Chapter text (CHAP0578)

Duplicate Bills

The following bills are identical to this one: HB516.