VirginiaSB612025 Regular SessionSenate

Income tax, state; establishes a subtraction for firefighter benefits.

Sponsored By: Christie New Craig (Republican)

Failed

Summary

Income tax subtraction; firefighter benefits. Establishes an income tax subtraction for up to $20,000 of firefighter benefits in taxable year 2024, up to $30,000 in taxable year 2025, and up to $40,000 in taxable year 2026 and each year thereafter. The bill defines firefighter benefits to include retirement income related to professional firefighting services and benefits paid to the surviving spouse of a firefighter whose death occurred in the line of duty.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Christie New Craig

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 14 • No: 0

Senate vote • 2/6/2024

Continued to 2025 in Finance and Appropriations

Yes: 14 • No: 0

Actions Timeline

  1. Left in Finance and Appropriations

    11/19/2024Senate
  2. Continued to 2025 in Finance and Appropriations (14-Y 0-N)

    2/6/2024Senate
  3. Impact statement from TAX (SB61)

    1/27/2024Senate
  4. Referred to Committee on Finance and Appropriations

    12/26/2023Senate
  5. Prefiled and ordered printed; offered 01/10/24 24102225D

    12/26/2023Senate

Bill Text

  • Introduced

    12/28/2023

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