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. Amends § 58.1-322, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/20/2016Presented and ordered printed 16103479D
01/20/2016Referred to Committee on Finance
01/30/2016Impact statement from TAX (SB685)
02/03/2016Passed 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

Duplicate Bills

The following bills are identical to this one: HB540 and SB289.