Taxes on income, wills, and administrations; exemption for victims of the Virginia Beach shooting. (HB53)

Introduced By

Del. Barry Knight (R-Virginia Beach)

Progress

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

Description

Taxes on income, wills, and administrations; exemption for victims of the Virginia Beach mass shooting and for payments to such victims. Establishes an income tax exemption for relief payments paid to a victim of the Virginia Beach mass shooting or a parent, guardian, child, or spouse of a victim. The bill also establishes an exemption from probate tax for a person killed or injured in the shooting. The bill provides that if, prior to its enactment, a person eligible for a tax exemption pursuant to the bill paid tax to the Commonwealth or a locality for a will or grant of administration of a victim's estate, either the Commonwealth or the locality shall refund the tax. The bill establishes a deduction for a taxpayer's relief payment, whether directly or indirectly, to a victim of the Virginia Beach mass shooting, provided the taxpayer coordinates with the City of Virginia Beach to identify victims and distribute payments. Read the Bill »

Status

01/22/2020: Incorporated into Another Bill

History

DateAction
11/25/2019Prefiled and ordered printed; offered 01/08/20 20101380D
11/25/2019Committee
11/25/2019Referred to Committee on Finance
01/19/2020Impact statement from TAX (HB53)
01/22/2020House committee, floor amendments and substitutes offered
01/22/2020Incorporated by Finance (HB839-Convirs-Fowler)

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