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2001 SESSION
SB 1058 Individual income taxes; military income.
Introduced by: Frederick M. Quayle | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Individual income taxes. Excludes military retirement income from Virginia individual income taxes in an amount equal to two percent multiplied by the taxpayer's number of years of active duty in the armed forces of the United States with the product thereof multiplied by the $30,000 of military retirement income. The bill is effective for taxable years beginning on or after January 1, 2001.
FULL TEXT
HISTORY
- 01/10/01 Senate: Presented & ordered printed, prefiled 01/10/01 014609520
- 01/10/01 Senate: Referred to Committee on Finance
- 02/01/01 Senate: Left in Finance