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2022 SESSION

• | print version

SB 381 Income tax, state; exempts military retirement income of a veteran.

Introduced by: Ryan T. McDougle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; military retirement income subtraction. Exempts, beginning with taxable year 2022, up to $40,000 of military retirement income of a veteran who is at least 55 years old and who was honorably discharged after active duty service in the Armed Forces of the United States, its reserve components, or the National Guard of Virginia or any other state.

FULL TEXT

• 01/11/22  Senate: Prefiled and ordered printed; offered 01/12/22 22101366D  pdf | impact statement

HISTORY

• 01/11/22  Senate: Prefiled and ordered printed; offered 01/12/22 22101366D
• 01/11/22  Senate: Referred to Committee on Finance and Appropriations
• 02/10/22  Senate: Incorporated by Finance and Appropriations (SB528-Reeves) (16-Y 0-N)