Legislation

Title: Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old
Sponsored by: Delegates Holmes, Valentino-Smith, Vallario, and C. Wilson
Status: In the House - Hearing 2/27 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Increasing the subtraction modification under the State income tax from $5,000 to $10,000 of military retirement income received for retirees at least 65 years old on the last day of the taxable year; applying the Act to taxable years beginning after December 31, 2014; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0031

Introduced in a prior session as: HB0353 Session: 2014 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2015

History

Legislation History
Chamber House Calendar Date 1/28/2015 Legislative Date 1/29/2015 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/06/2015 Legislative Date 2/06/2015 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/09/2015 Legislative Date 2/09/2015 Action Hearing cancelled Proceedings
Chamber House Calendar Date 2/12/2015 Legislative Date 2/12/2015 Action Hearing 2/27 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/28/2015	1/29/2015	First Reading Ways and Means
House	2/06/2015	2/06/2015	Hearing 2/24 at 1:00 p.m.
House	2/09/2015	2/09/2015	Hearing cancelled
House	2/12/2015	2/12/2015	Hearing 2/27 at 1:00 p.m.

Documents

Date Posted	Document Name
1/29/2015	Text - First - Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old

File Code

Subjects

Statutes