Income tax, state; lowers rates and raises standard deductions. (HB2319)
Introduced By
Del. Joe McNamara (R-Roanoke) with support from 36 copatrons, whose average partisan position is:
Those copatrons are Del. Tim Anderson (R-Virginia Beach), Del. Terry Austin (R-Buchanan), Del. John Avoli (R-Staunton), Del. Jason Ballard (R-Pearisburg), Del. Kathy Byron (R-Lynchburg), Del. Ellen Campbell (R-Rockbridge), Del. Mike Cherry (R-Colonial Heights), Del. A.C. Cordoza (R-Hampton), Del. Glenn Davis (R-Virginia Beach), Del. James Edmunds (R-South Boston), Del. Buddy Fowler (R-Ashland), Del. Nick Freitas (R-Culpeper), Del. Karen Greenhalgh (R-Virginia Beach), Del. Keith Hodges (R-Urbanna), Del. Terry Kilgore (R-Gate City), Del. Dave LaRock (R-Loudoun), Del. Marie March (R-Floyd), Del. Danny Marshall (R-Danville), Del. Will Morefield (R-North Tazewell), Del. Israel O'Quinn (R-Bristol), Del. Roxann Robinson (R-Chesterfield), Del. Chris Runion (R-Bridgewater), Del. Phil Scott (R-Spotsylvania), Del. Kim Taylor (R-Dinwiddie), Del. Otto Wachsmann (R-Sussex), Del. Will Wampler (R-Abingdon), Del. Lee Ware (R-Powhatan), Del. Michael Webert (R-Marshall), Del. Bill Wiley (R-Winchester), Del. Tony Wilt (R-Harrisonburg), Del. Tommy Wright (R-Victoria), Del. Scott Wyatt (R-Mechanicsville), Sen. Emily Brewer (R-Suffolk), Sen. Tara Durant (R-Fredericksburg), Sen. Chris Head (R-Roanoke), Sen. John McGuire (R-Glen Allen)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
✓ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; rates and deductions. Lowers the top income tax rate from 5.75 percent to 5.5 percent for taxable years beginning on and after January 1, 2024. The bill also raises the standard deduction to $9,000 for single individuals and $18,000 for married persons for taxable years beginning on and after January 1, 2024, but before January 1, 2026. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2023 | Presented and ordered printed 23103700D |
01/11/2023 | Referred to Committee on Finance |
01/17/2023 | Impact statement from TAX (HB2319) |
01/18/2023 | House committee, floor amendments and substitutes offered |
01/18/2023 | Reported from Finance with amendment(s) (12-Y 10-N) (see vote tally) |
01/20/2023 | Read first time |
01/23/2023 | Floor substitute printed 23105087D-H1 (Watts) |
01/23/2023 | Read second time |
01/23/2023 | Substitute by Delegate Watts offered out of order 23105087D-H1 |
01/23/2023 | Committee amendments agreed to (51-Y 48-N) |
01/23/2023 | VOTE: Adoption (51-Y 48-N) (see vote tally) |
01/23/2023 | Engrossed by House as amended HB2319E |
01/23/2023 | Printed as engrossed 23103700D-E |
01/24/2023 | Read third time and passed House (52-Y 48-N) |
01/24/2023 | VOTE: Passage (52-Y 48-N) (see vote tally) |
01/25/2023 | Constitutional reading dispensed |
01/25/2023 | Referred to Committee on Finance and Appropriations |
02/07/2023 | Impact statement from TAX (HB2319E) |
02/08/2023 | Passed by indefinitely in Finance and Appropriations (11-Y 5-N) (see vote tally) |