VirginiaHB882025 Regular SessionHouse

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

Sponsored By: Joseph P. McNamara (Republican)

Failed

Summary

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

Finance

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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

All Roll Calls

Yes: 7 • No: 0

House vote • 2/7/2024

Continued to 2025 in Finance (Voice Vote)

Yes: 0 • No: 0

House vote • 2/5/2024

Subcommittee recommends continuing to 2025

Yes: 7 • No: 0

Actions Timeline

  1. Left in Finance

    11/18/2024House
  2. Continued to 2025 in Finance (Voice Vote)

    2/7/2024House
  3. Subcommittee recommends continuing to 2025 (7-Y 0-N)

    2/5/2024House
  4. Assigned Finance sub: Subcommittee #3

    2/2/2024House
  5. Impact statement from TAX (HB88)

    1/14/2024House
  6. Referred to Committee on Finance

    12/28/2023House
  7. Prefiled and ordered printed; offered 01/10/24 24101436D

    12/28/2023House

Bill Text

  • Introduced

    1/16/2024

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