SB 10 Virginia Senate · 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 corpsof the National Oceanic and Atmospheric Administration, and the commissioned corps of the United States Public Health Service. Undercurrent law, the subtraction is only allowed for military retirementincome received for service in the United States Armed Forces.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
Governor
Introduced Nov 20, 2023 Last action Feb 6, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Nov 20, 2023
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bryce Reeves
Bryce Reeves
RRepublican
VA
28