2002 Regular Session

HOUSE BILL 406

File Code: Taxes - Income Prior Year Introduction As: HB 735/01 - W&M
Sponsored By:
Delegates Ports and Redmer
Entitled:
Income Tax - Subtraction for Retirement Income

Synopsis:

Including income from specified retirement plans within the subtraction modification allowed under the income tax for individuals who are at least 65 years old or who are disabled or have disabled spouses; and applying the Act to tax years after 2001.

History by Legislative Date

House Action
1/28
First Reading Ways and Means
2/6
Hearing 2/21 at 1:00 p.m.
Senate Action
No Action
Sponsored by:
Delegate James F. Ports, Jr., District 8
Delegate Alfred W. Redmer, Jr., District 8
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