VirginiaHB25752025 Regular SessionHouse

Income tax, state; subtraction for retirement income of certain federal employees.

Sponsored By: James A. "Jay" Leftwich (Republican)

Failed

Summary

Income tax; subtraction; retirement income of certain federal employees. Establishes, beginning in taxable year 2025, an individual income tax subtraction for 20 percent of the retirement income of retirees covered under the federal Civil Service Retirement System (CSRS).

Subcommittee #2

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • James A. "Jay" Leftwich

    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. Assigned Finance sub: Subcommittee #2

    1/25/2025House
  3. Impact statement from TAX (HB2575)

    1/23/2025House
  4. Referred to Committee on Finance

    1/12/2025House
  5. Prefiled and ordered printed; Offered 01-13-2025 25101309D

    1/12/2025House

Bill Text

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