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2001 SESSION
HB 2288 Individual income tax; military retirement income subtraction.
Introduced by: William K. Barlow | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Individual income tax; Virginia taxable income; military retirement income subtraction. Allows a subtraction in the amount of two percent multiplied by the number of years of active duty in the armed forces with the product multiplied by the first $30,000 of military retirement income when calculating Virginia taxable income for taxable years beginning on and after January 1, 2002.
FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 017015620
- 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 (20-Y 3-N)