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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.
Introduced
Oct 29, 2024
Last Action
Feb 4, 2025
Session
VA 2025
Sponsors
1 primary · 33 co
Left in Finance
Impact statement from TAX (HB1551)
Assigned Finance sub: Subcommittee #3
Prefiled and ordered printed; Offered 01-13-2025 25100555D
Referred to Committee on Finance
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Finance
Joseph P. McNamara
Jonathan "Jed" Arnold
Amanda E. Batten
Ellen H. Campbell
Mike A. Cherry
Carrie E. Coyner
Mark L. Earley, Jr.
N. Baxter Ennis
W. Chad Green
James A. "Jay" Leftwich
Ian T. Lovejoy
Paul V. Milde
Israel D. O'Quinn
Robert D. Orrock, Sr.
Chris S. Runion
Phillip A. Scott
Kim A. Taylor
H. Otto Wachsmann, Jr.
Wendell S. Walker
R. Lee Ware
Michael J. Webert
Wren M. Williams
Tony O. Wilt
Thomas C. Wright, Jr.
Scott A. Wyatt
Eric R. Zehr