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2001 SESSION
HB 2494 Income tax; standard deduction for married taxpayers.
Introduced by: P. E. (Phil) Larrabee | 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, 2002, thereby eliminating any "marriage penalty." The standard deduction for single taxpayers is $3,000.
FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 012843821
- 01/10/01 House: Referred to Committee on Finance
- 01/18/01 House: Assigned to Finance sub-committee: 1
- 01/31/01 House: Tabled in Finance (21-Y 2-N)