Income tax, state; increases deduction for personal exemptions. (HB540)

Introduced By

Del. Vivian Watts (D-Annandale) with support from 8 copatrons, whose average partisan position is:

Those copatrons are Del. Mark Cole (R-Fredericksburg), Del. Steve Heretick (D-Portsmouth), Del. Kaye Kory (D-Falls Church), Del. Ken Plum (D-Reston), Del. Marcus Simon (D-Falls Church), Sen. Jennifer Boysko (D-Herndon), Sen. Janet Howell (D-Reston), Sen. Dick Saslaw (D-Springfield)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


02/15/2016: Failed to Pass in Committee


01/09/2016Prefiled and ordered printed; offered 01/13/16 16101915D
01/09/2016Referred to Committee on Finance
01/22/2016Impact statement from TAX (HB540)
02/02/2016Assigned to sub: Subcommittee #1
02/02/2016Impact statement from TAX (HB540)
02/09/2016Assigned Finance sub: Subcommittee #1
02/10/2016Subcommittee recommends continuing to 2017
02/15/2016Continued to 2017 in Finance

Duplicate Bills

The following bills are identical to this one: SB289 and SB685.