Income tax, state; subtraction for military veterans with a permanent service-connected disability. (HB792)

Introduced By

Del. Jason Miyares (R-Virginia Beach) with support from co-patron Del. 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 permanent 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, permanent, and total disability. The bill provides that the subtraction is available only for taxpayers whose federal adjusted gross income is 150 percent or less of the federal poverty level for a four-person household. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2018Committee
01/09/2018Prefiled and ordered printed; offered 01/10/18 18101487D
01/09/2018Referred to Committee on Finance
01/23/2018Assigned Finance sub: Subcommittee #2
01/23/2018Impact statement from TAX (HB792)
01/31/2018Subcommittee recommends continuing to 2019
02/13/2018Left in Finance