Income tax, state; adjusts standard deduction for inflation. (HB693)

Introduced By

Del. Betsy Carr (D-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Standard deduction; adjusted for inflation. Adjusts the individual income tax standard deduction annually beginning with the 2017 taxable year by the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U), for all items, from July 1 through June 30 for the year immediately preceding the taxable year. Read the Bill »


Bill Has Failed


01/11/2016Prefiled and ordered printed; offered 01/13/16 16102065D
01/11/2016Referred to Committee on Finance
01/24/2016Impact statement from TAX (HB693)
02/02/2016Assigned Finance sub: Subcommittee #1
02/03/2016Subcommittee recommends continuing to 2017
02/08/2016Continued to 2017 in Finance
12/01/2016Left in Finance

Duplicate Bills

The following bills are identical to this one: SB618.