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2001 SESSION
HB 1975 Income tax; personal exemptions.
Introduced by: Roger J. McClure | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; Virginia taxable income of residents; personal exemptions. Gradually increases the personal exemption from $800 to $1,500 by taxable year 2005. In 2006, the $1,500 deduction amount shall be indexed annually according to the Consumer Price Index. Some obsolete language is also deleted.
FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 011314832
- 01/10/01 House: Referred to Committee on Finance
- 01/18/01 House: Assigned to Finance sub-committee: 1
- 01/22/01 House: Tabled in Finance (21-Y 2-N)