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1999 SESSION

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HB 2526 Income tax; increase personal exemption.

Introduced by: Roger J. McClure | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; increase personal exemption. Increases the personal exemption for calculating Virginia taxable income to $1,100 in 2000; $1,500 in 2001; $1,900 in 2002; and $2,500 in 2003. On and after January 1, 2004, the $2,500 will be indexed according to CPI-U.


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