Income tax, state; deductions for single individuals and married persons. (HB1717)

Introduced By

Del. Lee Ware (R-Powhatan)

Progress

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

Description

Standard deduction from Virginia taxable income; increasing. Increases the standard deduction for taxable years beginning on and after January 1, 2020, but before January 1, 2026, from $4,500 to $6,000 for single individuals and from $9,000 to $12,000 for married persons (one-half of such amounts in the case of a married individual filing a separate return). Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/17/2020Committee
01/17/2020Presented and ordered printed 20106048D
01/17/2020Referred to Committee on Finance
01/23/2020Impact statement from TAX (HB1717)
01/23/2020Assigned Finance sub: Subcommittee #3
01/29/2020Continued to 2021 in Finance

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)