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

DateAction
01/09/2018Prefiled and ordered printed; offered 01/10/18 18101276D
01/09/2018Referred to Committee on Finance
01/28/2018Impact statement from TAX (SB473)
01/31/2018Passed by indefinitely in Finance (15-Y 0-N) (see vote tally)