Income tax, state; subtraction for military veterans with a service-connected disability. (SB473)
Introduced By
Sen. Bryce Reeves (R-Spotsylvania) with support from co-patrons Del. Mark Cole (R-Fredericksburg), and Sen. John Bell (D-Chantilly)
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, 2018, an individual income tax subtraction 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
Date | Action |
---|---|
01/09/2018 | Prefiled and ordered printed; offered 01/10/18 18101276D |
01/09/2018 | Referred to Committee on Finance |
01/28/2018 | Impact statement from TAX (SB473) |
01/31/2018 | Passed by indefinitely in Finance (15-Y 0-N) (see vote tally) |