Legislation
- Title
- Income Tax Exemption Amount - Elderly Individuals
- Sponsored by
- The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Aumann, Beitzel, Buckel, Carozza, Cassilly, Ciliberti, Cluster, Fisher, Flanagan, Folden, Ghrist, Glass, Grammer, Hornberger, S. Howard, Impallaria, Jacobs, Kipke, Kittleman, Krebs, Long, Malone, Mautz, McComas, McConkey, McDonough, McKay, McMillan, Metzgar, Miele, W. Miller, Morgan, O'Donnell, Otto, Parrott, Reilly, Rose, Saab, Shoemaker, Simonaire, Szeliga, Vogt, West, B. Wilson, and Wivell
- Status
- In the House - Hearing 2/25 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing, from $1,000 to $5,000, the exemption allowed under the State income tax for an individual that is not a fiduciary and is at least 65 years old on the last day of a taxable year; phasing in the increase over 4 taxable years; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Cross-filed with: SB0387
Bill File Type: Regular
Effective Date(s): July 1, 2016
By Request of the Governor
History
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Documents
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Date Posted | Document Name |
---|---|
1/29/2016 | Text - First - Income Tax Exemption Amount - Elderly Individuals |
File Code
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Subjects
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Statutes
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(
10-211 )
Last Updated: 2/3/2020 2:29 PM