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2017 SESSION

• | print version

SB 733 Income tax, state; annual adjustment for inflation.

Introduced by: Mark D. Obenshain | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax; adjusted for inflation. Adjusts Virginia's individual income tax brackets, standard deduction, and personal exemption amounts annually beginning with the 2016 taxable year by the percentage increase in the Consumer Price Index for all urban consumers (CPI-U), for all items, from July 1 through June 30 for the year immediately preceding the taxable year.

FULL TEXT

• 01/22/16  Senate: Presented and ordered printed 16103589D  pdf | impact statement

HISTORY

• 01/22/16  Senate: Presented and ordered printed 16103589D
• 01/22/16  Senate: Referred to Committee on Finance
• 02/09/16  Senate: Continued to 2017 in Finance (15-Y 0-N)
• 12/02/16  Senate: Left in Finance