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2002 SESSION

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HB 214 Income tax; standard deduction for married taxpayers.

Introduced by: John M. O'Bannon, III | 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, 2003, thereby eliminating any "marriage penalty." The standard deduction for single taxpayers is $3,000.

FULL TEXT

• 01/09/02  House: Presented & ordered printed, prefiled 01/04/02 023220870  pdf | impact statement

HISTORY

• 01/09/02  House: Presented & ordered printed, prefiled 01/04/02 023220870
• 01/09/02  House: Referred to Committee on Finance
• 01/21/02  House: Assigned to Finance sub-committee: 2
• 01/21/02  House: Continued to 2003 in Finance (21-Y 0-N)