Income tax, state; deduction for long-term health care insurance premiums. (SB1009)

Introduced By

Sen. Janet Howell (D-Reston)

Progress

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

Description

Income tax deduction; long-term health care insurance premiums. Reduces the allowable income tax deduction for long-term health care insurance premiums to from 100 percent to 50 percent of the amount an individual pays annually in premiums, effective for taxable years beginning on or after January 1, 2015. Amends § 58.1-322, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2015Prefiled and ordered printed; offered 01/14/15 15102141D
01/12/2015Referred to Committee on Finance
01/24/2015Impact statement from TAX (SB1009)
02/03/2015Reported from Finance (14-Y 0-N) (see vote tally)
02/04/2015Constitutional reading dispensed (37-Y 0-N) (see vote tally)
02/05/2015Read second time and engrossed
02/05/2015Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/05/2015Passed Senate (25-Y 11-N 2-A) (see vote tally)
02/05/2015Reconsideration of passage agreed to by Senate (37-Y 0-N) (see vote tally)
02/05/2015Passed Senate (23-Y 13-N 2-A) (see vote tally)
02/09/2015Placed on Calendar
02/09/2015Read first time
02/09/2015Referred to Committee on Finance
02/10/2015Assigned Finance sub: Subcommittee #2
02/10/2015Impact statement from TAX (SB1009)
02/11/2015Subcommittee recommends laying on the table
02/24/2015Left in Finance

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.