VirginiaSB9432025 Regular SessionSenate

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

Sponsored By: Bill DeSteph (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).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bill DeSteph

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 14 • No: 0

Senate vote • 1/21/2025

Passed by indefinitely in Finance and Appropriations

Yes: 14 • No: 0

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (14-Y 0-N)

    1/21/2025Senate
  2. Impact statement from TAX (SB943)

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

    1/6/2025Senate
  4. Prefiled and ordered printed; Offered 01-08-2025 25102054D

    1/6/2025Senate

Bill Text

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