Tommy Norment
- Republican
Primary
Income tax; standard deduction. Increasesthe standard deduction, starting with taxable year 2022, from $4,500to $9,000 for single filers and from $9,000 to $18,000 for marriedfilers (one-half of such amount in the case of a married individualfiling a separate return). The increase would remain in effect fortaxable years 2026 and after, when, under current law, the standarddeduction is scheduled to be reduced to $3,000 for single filers and to $6,000 for married filers.
Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
Impact statement from TAX (SB560)
Prefiled and ordered printed; offered 01/12/22 22100742D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/12/22 22100742D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB560F161.PDF |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.