Income tax, state; subtraction for military veterans with a service-connected disability. (HB2175)

Introduced By

Del. Jason Miyares (R-Virginia Beach)

Progress

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

Description

Income tax; subtraction for military veterans with a service-connected disability. Establishes for taxable years beginning January 1, 2017, an individual income tax subtraction, for purposes of computing Virginia adjusted gross income, for the military retirement income of veterans with a 100 percent service-connected disability. The bill provides that the subtraction is available only for taxpayers whose federal adjusted gross income does not exceed 250 percent of the federal poverty level for a four-person household. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2017Committee
01/11/2017Prefiled and ordered printed; offered 01/11/17 17101210D
01/11/2017Referred to Committee on Finance
01/19/2017Assigned Finance sub: Subcommittee #3
01/19/2017Impact statement from TAX (HB2175)
01/27/2017Subcommittee recommends laying on the table
02/07/2017Left in Finance