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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 6, 2025
Last Action
Jan 21, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Impact statement from TAX (SB943)
Prefiled and ordered printed; Offered 01-08-2025 25102054D
Referred to Committee on Finance and Appropriations
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Christie New Craig