Income tax, state; military benefits subtraction, age restriction. (SB1194)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania) with support from co-patrons Sen. Bill DeSteph (R-Virginia Beach), and Sen. Frank Ruff (R-Clarksville)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Income tax; military benefits subtraction; age restriction. Removes the age 55 or older restriction on those individuals allowed a military benefits income tax subtraction beginning with taxable year 2023. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2023Prefiled and ordered printed; offered 01/11/23 23101024D
01/10/2023Referred to Committee on Finance and Appropriations
01/20/2023Impact statement from TAX (SB1194)
01/25/2023Passed by indefinitely in Finance and Appropriations (10-Y 3-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB1436, HB1690 and SB1462.