VirginiaIncome tax, state; removes sunset on elevated standard deduction amounts.
What it does
Virginia taxable income; standard deduction. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that was scheduled to expire for taxable years beginning on and after January 1, 2026.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2024
- Nov 18Left in FinanceLatest
- Feb 7Continued to 2025 in Finance (Voice Vote)
- Feb 5Subcommittee recommends continuing to 2025 (7-Y 0-N)
- Vote recorded Continued to 2025 in Finance. Result: pass.Lower
- Feb 2Assigned Finance sub: Subcommittee #3Minor
- Jan 14Impact statement from TAX (HB88)
- 2023
- Dec 28Referred to Committee on FinanceMinor
- Dec 28Prefiled and ordered printed; offered 01/10/24 24101436DIntroduced