Income tax, state; deduction for multigenerational households. (HB1955)
Introduced By
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax deduction; multigenerational households. Creates a $1,000 deduction from Virginia adjusted gross income for taxable years on and after January 1, 2021, for the head of household taxpayer or married taxpayers filing jointly of a multigenerational residence in the Commonwealth comprised of no less than two adult parent-child generations who are living together for the duration of the taxable year in which the deduction is claimed. Read the Bill »
Status
01/11/2021: Awaiting a Vote in the Finance Committee
History
Date | Action |
---|---|
01/11/2021 | Committee |
01/11/2021 | Prefiled and ordered printed; offered 01/13/21 21100691D |
01/11/2021 | Referred to Committee on Finance |
Post a Public Comment About this Bill