Income tax, state; subtraction for veteran retirement income. (SB1151)
Introduced By
Sen. Jen Kiggans (R-Virginia Beach)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Income tax subtraction; veteran retirement income. Provides an income tax subtraction for the military retirement income received by certain veterans for their service of $2,500 for veterans under the age of 65 and $5,000 for veterans 65 years of age and older, who earn no more than $82,000 in annual military retirement income. Read the Bill »
Status
01/06/2021: Awaiting a Vote in the Finance and Appropriations Committee
History
| Date | Action |
|---|---|
| 01/06/2021 | Prefiled and ordered printed; offered 01/13/21 21101184D |
| 01/06/2021 | Referred to Committee on Finance and Appropriations |
| 01/16/2021 | Impact statement from TAX (SB1151) |
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