VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

1998 SESSION

• | print version

SB 376 Income tax; standard deduction and personal exemption amounts.

Introduced by: Stephen H. Martin | all patrons    ...    notes | add to my profiles

SUMMARY:

Individual income tax; standard deduction and personal exemption amounts. Increases the amount of the standard deduction from $3,000 to $3,600 for single individuals and from $5,000 to $6,000 for married persons filing a joint return (or $3,000 if filing a separate return), and increases the personal exemption amount from $800 to $1,000, for taxable years beginning on and after January 1, 1999. For taxable years beginning on and after January 1, 2000, the standard deduction and personal exemption amounts will be indexed for inflation.

FULL TEXT

• 01/22/98  Senate: Presented & ordered printed 987284700  pdf

HISTORY

• 01/22/98  Senate: Presented & ordered printed 987284700
• 01/22/98  Senate: Referred to Committee on Finance
• 02/11/98  Senate: Passed by indefinitely in Finance by voice vote