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2022 SESSION

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SB 7 Income tax, state; Virginia's standard deduction equivalent to federal standard deduction.

Introduced by: J. Chapman Petersen | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; standard deduction. Provides that for taxable years beginning on and after January 1, 2022, Virginia's standard deduction shall be in an amount equivalent to the federal standard deduction.

FULL TEXT

• 12/06/21  Senate: Prefiled and ordered printed; offered 01/12/22 22100571D  pdf | impact statement

HISTORY

• 12/06/21  Senate: Prefiled and ordered printed; offered 01/12/22 22100571D
• 12/06/21  Senate: Referred to Committee on Finance and Appropriations
• 02/08/22  Senate: Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)