SB662
Income tax, state; subtraction for state police retirement benefits.
Summary
As Introduced. Income tax subtraction; state police retirement benefits.
Establishes an income tax subtraction for up to $10,000 of state police retirement benefits in taxable year 2024 and each year thereafter. The bill defines state police retirement benefits to include retirement income received by a Virginia State Police officer who is at least 55 years of age and benefits ... (More) paid to the surviving spouse of such officer whose death occurred in the line of duty. (Less)-
Bill History
- 01/16/2024 - Senate: Presented and ordered printed 24104634D
- 01/16/2024 - Senate: Referred to Committee on Finance and Appropriations
- 01/26/2024 - Senate: Impact statement from TAX (SB662)
- 02/06/2024 - Senate: Continued to 2025 in Finance and Appropriations (14-Y 0-N)
