Virginia taxable income, state; threshold for filing return. (SB1572)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

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

Description

Virginia taxable income; threshold for filing return. Raises the minimum threshold for filing a Virginia tax return to $15,000 for an individual and $30,000 for married persons filing jointly, for taxable years beginning on or after January 1, 2019. Under current law, the minimum threshold for filing a Virginia tax return is $11,950 for an individual and $23,300 for married persons filing jointly for taxable years beginning on and after January 1, 2012. Amends § 58.1-321, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19101106D
01/09/2019Referred to Committee on Finance
01/13/2019Impact statement from TAX (SB1572)
01/30/2019Passed by indefinitely in Finance (16-Y 0-N) (see vote tally)

Comments

Bill writes:

Another adjustment back to par w inflation.

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