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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).
Introduced
Jan 12, 2025
Last Action
Feb 4, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Left in Finance
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB2575)
Prefiled and ordered printed; Offered 01-13-2025 25101309D
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
James A. "Jay" Leftwich