VirginiaSB8452025 Regular SessionSenate

Virginia taxable income; standard deduction; sunset.

Sponsored By: Richard H. Stuart (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. This bill was incorporated into SB 782.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Richard H. Stuart

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 15 • No: 0

Senate vote • 1/28/2025

Incorporated by Finance and Appropriations (SB782-Suetterlein)

Yes: 15 • No: 0

Actions Timeline

  1. Incorporated by Finance and Appropriations (SB782-Suetterlein) (15-Y 0-N)

    1/28/2025Senate
  2. Impact statement from TAX (SB845)

    1/18/2025Senate
  3. Referred to Committee on Finance and Appropriations

    1/2/2025Senate
  4. Prefiled and ordered printed; Offered 01-08-2025 25101012D

    1/2/2025Senate

Bill Text

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