Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
Taxable income; subtractions; military benefits. Removes the current cap of $40,000 of military benefits that may be subtracted from Virginia taxable income for taxable years beginning on and after January 1, 2026, such that the total amount of military benefits may be subtracted from such income.
Introduced
Jan 8, 2025
Last Action
Feb 4, 2025
Session
VA 2025
Sponsors
1 primary · 7 co
Left in Finance
Subcommittee recommends laying on the table (5-Y 1-N)
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB2524)
Prefiled and ordered printed; Offered 01-08-2025 25101389D
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
Hyland F. "Buddy" Fowler, Jr.
Mike A. Cherry
Mark L. Earley, Jr.
N. Baxter Ennis
W. Chad Green
Chris S. Runion
Wendell S. Walker