SB 381 Virginia Senate · 2022 Regular Session

Income tax, state; exempts military retirement income of a veteran.

Summary
Income tax; military retirement income subtraction.Exempts, beginning with taxable year 2022, up to $40,000 of militaryretirement income of a veteran who is at least 55 years old and who was honorably discharged after active duty service in the Armed Forcesof the United States, its reserve components, or the National Guardof Virginia or any other state.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2022 Last action Feb 10, 2022
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 11, 2022
Committee
Referred to Committee on Finance and Appropriations
upper
Jan 11, 2022
Introduced
Prefiled and ordered printed; offered 01/12/22 22101366D
upper
1 primary · 2 co-sponsors

Sponsors