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1999 SESSION
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.
FULL TEXT
HISTORY
- 01/21/99 House: Presented & ordered printed 993813346
- 01/21/99 House: Referred to Committee on Finance
- 01/25/99 House: Assigned to Finance sub-committee: 1
- 02/01/99 House: Passed by indefinitely in Finance (22-Y 2-N)