HB 1407 Virginia House of Delegates · 2024 Regular Session

Income tax, state; subtraction for tax, military retirement benefits, uniformed services.

Summary
Income tax subtraction; military retirementbenefits; uniformed services. Expands the definition of "militarybenefits" to include an income tax subtraction of retirement incomereceived for service in the uniformed services of the United States,which includes the United States Armed Forces, the commissioned corps of the National Oceanic and Atmospheric Administration, and the commissionedcorps of the United States Public Health Service. Under current law,the subtraction is only allowed for military retirement income receivedfor service in the United States Armed Forces.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2024 Last action Feb 13, 2024
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
2
Feb 2, 2024
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 17, 2024
Committee
Referred to Committee on Finance
lower
Jan 17, 2024
Introduced
Presented and ordered printed 24104146D
lower
1 primary · 3 co-sponsors

Sponsors