Income tax, state; deductions for single individuals and married persons. (HB1717)
Introduced By
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
| Date | Action |
|---|---|
| 01/17/2020 | Presented and ordered printed 20106048D |
| 01/17/2020 | Referred to Committee on Finance |
| 01/23/2020 | Impact statement from TAX (HB1717) |
| 01/23/2020 | Assigned Finance sub: Subcommittee #3 |
| 01/29/2020 | Continued to 2021 in Finance |
| 12/04/2020 | Left in Finance |
Post a Public Comment About this Bill