Income tax, state; exclusion, student loan forgiveness, disabled veterans. (SB745)
Introduced By
Sen. John Bell (D-Chantilly) with support from co-patron Sen. Bryce Reeves (R-Spotsylvania)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax exclusion; student loan forgiveness; disabled veterans. Excludes from Virginia adjusted gross income any income received by a totally and permanently disabled veteran from student loan debt cancellation or discharge for taxable years 2020 through 2025. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2020 | Prefiled and ordered printed; offered 01/08/20 20100557D |
01/08/2020 | Referred to Committee on Finance and Appropriations |
01/18/2020 | Impact statement from TAX (SB745) |
01/21/2020 | Reported from Finance and Appropriations with amendment (15-Y 0-N) (see vote tally) |
01/22/2020 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/23/2020 | Read second time |
01/23/2020 | Reading of amendment waived |
01/23/2020 | Committee amendment agreed to |
01/23/2020 | Engrossed by Senate as amended SB745E |
01/23/2020 | Printed as engrossed 20100557D-E |
01/24/2020 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
02/12/2020 | Placed on Calendar |
02/12/2020 | Read first time |
02/12/2020 | Referred to Committee on Finance |
02/13/2020 | Assigned Finance sub: Subcommittee #1 |
02/14/2020 | Impact statement from TAX (SB745E) |
02/17/2020 | Subcommittee recommends reporting (9-Y 0-N) |
02/19/2020 | Reported from Finance (21-Y 0-N) (see vote tally) |
02/21/2020 | Read second time |
02/24/2020 | Read third time |
02/24/2020 | Passed House BLOCK VOTE (100-Y 0-N) |
02/24/2020 | VOTE: Block Vote Passage (100-Y 0-N) (see vote tally) |
02/27/2020 | Enrolled |
02/27/2020 | Bill text as passed Senate and House (SB745ER) |
02/27/2020 | Impact statement from TAX (SB745ER) |
02/27/2020 | Signed by President |
02/27/2020 | Signed by Speaker |
03/10/2020 | Enrolled Bill Communicated to Governor on March 10, 2020 |
03/10/2020 | G Governor's Action Deadline 11:59 p.m., April 11, 2020 |
04/02/2020 | G Approved by Governor-Chapter 606 (effective 7/1/20) |
04/02/2020 | G Acts of Assembly Chapter text (CHAP0606) |