HB1551
Income tax, state; removes sunset on elevated standard deduction amounts, etc.
Summary
As Introduced. 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.-
Bill History
- 10/29/2024 - House: Prefiled and ordered printed; Offered 01-08-2025 25100555D
- 10/29/2024 - House: Referred to Committee on Finance
- 01/24/2025 - House: Impact statement from TAX (HB1551)
- 01/24/2025 - House: Assigned Finance sub: Subcommittee #3
- 01/25/2025 - House: Placed on Finance Agenda
- 02/04/2025 - House: Left in Finance
