HB0868

Find a 2014 Bill:

2014 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Retirement Income and Task Force to Study Senior Emigration

Sponsored by:

Delegate Hogan

Status:

In the House - Unfavorable Report by Ways and Means; Withdrawn


Synopsis:Increasing the maximum amount allowed as a subtraction modification under the State income tax for specified retirement income of an individual who is at least 70 years old or who is totally disabled; establishing a task force to study specified effects of State and local tax policies on senior emigration; applying the Act to taxable years after December 31, 2013; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Hogan
Additional Facts:Cross-filed with: SB0451
Introduced in a prior session as: HB0440 Session: 2013 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2014
Creates a Task Force or Commission
Committee(s):
Ways and Means
Broad Subject(s):Taxes - Income
Narrow Subject(s):Aging, Department of
Committees and Commissions -see also- Political Committees
Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Exemptions
Income Tax
Reports
Retirement Systems -see also- Mandatory Retirement
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Sunset
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:51 P.M.