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- Subject Index: Since 1995
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1995 SESSION
HB 2613 Virginia taxable income.
Introduced by: S. Vance Wilkins, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Virginia taxable income. Increases the amount of the deduction that may be taken for each personal exemption from $800 to $1,000 in taxable year 1995, $1,200 in taxable year 1996, $1,600 in taxable year 1997, $2,000 in taxable year 1998, and $2,400 in taxable year 1999 and thereafter. The deductions are taken from federal adjusted gross income in computing Virginia taxable income. A taxpayer may claim a deduction for each personal and dependent exemption allowable for federal income tax purposes and an additional deduction for each taxpayer who is blind or age 65 or over.
FULL TEXT
HISTORY
- 02/03/95 House: Introduced at the request of Governor
- 02/03/95 House: Presented & ordered printed LD8863812
- 02/03/95 House: Motion to pass by referral to committee rej. (37-Y 59-N)
- 02/03/95 House: VOTE: PASS BY REFERRAL TO COMM. REJ. (37-Y 59-N)
- 02/03/95 House: Motion to refer to committee agreed to (66-Y 34-N)
- 02/03/95 House: VOTE:MOTION TO REFER TO COMM AGREED TO (66-Y 34-N)
- 02/03/95 House: Referred to Committee on Finance
- 02/03/95 House: Motion to discharge committee rejected (36-Y 60-N)
- 02/03/95 House: VOTE:MOTION TO DISCHARGE COMM. REJ. (36-Y 60-N)
- 02/03/95 House: Passed by indefinitely in Finance (15-Y 7-N)