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2001 SESSION
HB 348 Income tax; personal exemption amount.
Introduced by: Robert G. Marshall | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; personal exemption amount. Beginning with the January 1, 2000, taxable year, increases the personal exemption for Virginia taxable income purposes from $800 to $1,000 for each personal exemption allowable to the taxpayer for federal income tax purposes. For taxable years beginning on and after January 1, 2001, the $1,000 personal exemption will increase based upon annual increases in the Consumer Price Index.
FULL TEXT
HISTORY
- 01/12/00 House: Presented & ordered printed 008667824
- 01/12/00 House: Referred to Committee on Finance
- 01/18/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Continued to 2001 in Finance (23-Y 0-N)
- 11/13/00 House: Tabled in Finance (17-Y 1-N)