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Legislation


2000 Regular Session

HOUSE BILL 630

File Code: Taxes - Income
Sponsored By:
Delegates Rawlings and Palumbo
Entitled:
Income Tax - Subtraction for Retirement Income

Synopsis:

Increasing the maximum subtraction allowed and altering the computation of a subtraction modification allowed under the income tax for income from an employee retirement system included in federal adjusted gross income of individuals who are at least 65 years old or who are disabled or whose spouses are disabled; and applying the Act to tax years after 1999.

History by Legislative Date

House Action
2/9
First Reading Ways and Means
Hearing 2/23 at 11:00 a.m.
3/8
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Howard P. Rawlings, District 40
Delegate Richard A. Palumbo, District 22A
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
Bill affects the following Statute:
Tax - General
( 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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