Income tax, state; medical care itemized deductions. (HB345)

Introduced By

Del. Brenda Pogge (R-Williamsburg)

Progress

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

Description

Individual income tax; medical care itemized deductions. Provides that beginning with taxable year 2017 if an individual or his spouse has attained the age of 65, the Virginia itemized deduction for unreimbursed medical care expenses will equal the excess of the total unreimbursed medical care expenses computed for federal income tax purposes over 7.5 percent of federal adjusted gross income. Currently under federal law, if an individual or his spouse has attained the age of 65, the deduction for unreimbursed medical care expenses is the amount of such expenses that are in excess of 7.5 percent of federal adjusted gross income. For all other individuals, the deduction equals the amount of such expenses that are in excess of 10 percent of federal adjusted gross income. However, beginning with taxable year 2017, individuals age 65 or older will also compute the deduction using a threshold of 10 percent of federal adjusted gross income. Virginia generally conforms to federal income tax laws, including allowing a deduction for unreimbursed medical care expenses equal to the federal itemized deduction for the same. Under this bill, beginning with taxable year 2017 Virginia will deconform for purposes of the deduction for unreimbursed medical care expenses by providing that individuals age 65 or older will compute the deduction using a threshold of 7.5 percent of federal adjusted gross income in lieu of the 10 percent threshold required for computing the federal deduction. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/05/2016Committee
01/05/2016Prefiled and ordered printed; offered 01/13/16 16101037D
01/05/2016Referred to Committee on Finance
01/30/2016Impact statement from TAX (HB345)
02/02/2016Assigned to sub: Subcommittee #1
02/02/2016Assigned Finance sub: Subcommittee #1
02/03/2016Subcommittee recommends striking from docket
02/08/2016Stricken from docket by Finance