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2000 SESSION
HB 802 Income tax; personal exemption.
Introduced by: Frank M. Ruff | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; personal exemption. Increases the personal exemption/deduction for Virginia taxable income purposes to the following amounts: (i) $1,400 for taxable year 2001; (ii) $2,000 for taxable year 2002; (iii) $2,600 for taxable year 2003; (iv) $3,200 for taxable year 2004; (v) $3,700 for taxable year 2005; and (vi) the greater of $4,000 or the federal exemption amount for taxable year 2006 and each taxable year thereafter. There are also technical corrections that delete obsolete language.
FULL TEXT
HISTORY
- 01/21/00 House: Presented & ordered printed 002371920
- 01/21/00 House: Referred to Committee on Finance
- 01/24/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Continued to 2001 in Finance (23-Y 0-N)