VirginiaHB15512025 Regular SessionHouse

Income tax, state; removes sunset on elevated standard deduction amounts, etc.

Sponsored By: Joseph P. McNamara (Republican)

Failed

Summary

Virginia taxable income; standard deduction; sunset. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that is scheduled to expire for taxable years beginning on and after January 1, 2026.

Subcommittee #3

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Joseph P. McNamara

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Finance

    2/4/2025House
  2. Impact statement from TAX (HB1551)

    1/24/2025House
  3. Assigned Finance sub: Subcommittee #3

    1/24/2025House
  4. Referred to Committee on Finance

    10/29/2024House
  5. Prefiled and ordered printed; Offered 01-13-2025 25100555D

    10/29/2024House

Bill Text

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