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2001 SESSION

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SB 1422 Income tax; standard deduction for married taxpayers.

Introduced by: Stephen H. Martin | 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

• 01/19/01  Senate: Presented & ordered printed 015434252  pdf | impact statement

HISTORY

• 01/19/01  Senate: Presented & ordered printed 015434252
• 01/19/01  Senate: Referred to Committee on Finance
• 02/01/01  Senate: Left in Finance