Virginia taxable income; deduction for personal exemptions. (SB685)
Introduced By
Sen. Siobhan Dunnavant (R-Henrico)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia taxable income; deduction for personal exemptions. Increases the deduction, for purposes of computing Virginia taxable income, for personal exemptions. For taxable years beginning on and after January 1, 2017, a taxpayer may deduct $1,000 for each personal exemption allowable to the taxpayer on federal income taxes; current law allows a deduction of $930 per exemption. A blind or aged taxpayer may deduct an additional personal exemption in the amount of $900; current law allows an additional deduction of $800. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/20/2016 | Presented and ordered printed 16103479D |
01/20/2016 | Referred to Committee on Finance |
01/30/2016 | Impact statement from TAX (SB685) |
02/03/2016 | Passed by indefinitely in Finance (8-Y 7-N) (see vote tally) |
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 20 seconds.
Transcript
This is a transcript of the video clips in which this bill is discussed.
AGAINST THIS BILL IF YOU THINK THAT IS AN ININAPROPATRIOT USE VOTE FOR THE BILL. THIS BILL WILL IN NO IN WAY PROHIBIT POLITICAL PARTIES FROM HAVING MASS MEETINGS, CONVENTION FIREHOUSE PRIMARIES OR ANYTHING ELSE THAT DOESN'T INVOLVE THE