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2000 SESSION

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SB 2 Income tax; standard deduction for married taxpayers.

Introduced by: Edward L. Schrock | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; standard deduction for married taxpayers. Increases the standard deduction for married taxpayers calculating their Virginia taxable income from $5,000 to $6,000 beginning January 1, 2001, thereby eliminating any "marriage penalty." The standard deduction for single taxpayers is $3,000.

FULL TEXT

• 01/12/00  Senate: Presented & ordered printed, prefiled 11/23/99 002790532  pdf

HISTORY

• 01/12/00  Senate: Presented & ordered printed, prefiled 11/23/99 002790532
• 01/12/00  Senate: Referred to Committee on Finance
• 02/08/00  Senate: Continued to 2001 in Finance (16-Y 0-N)