Alex Askew
- Democratic
- Delegate
- District 95
Income tax subtraction; professional firefighterpension. Establishes an income tax subtraction for up to $20,000of firefighter benefits in taxable year 2024, up to $30,000 in taxableyear 2025, and up to $40,000 in taxable year 2026 and each year thereafter.The bill defines firefighter benefits to include retirement incomerelated to firefighting services and benefits paid to the survivingspouse of a firefighter whose death occurred in the line of duty.
Committee substitute posted to LIS only 24107082D-H1
Continued to 2025 with substitute in Finance
House subcommittee amendments and substitutes offered
Subcommittee recommends continuing to 2025 with substitute
Assigned Finance sub: Subcommittee #1
Impact statement from TAX (HB1292)
Prefiled and ordered printed; offered 01/10/24 24102658D
Referred to Committee on Finance
Bill Text Versions | Format |
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Prefiled and ordered printed; offered 01/10/24 24102658D | PDF HTML |
Committee substitute posted to LIS only 24107082D-H1 | PDF HTML |
Document | Format |
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Fiscal Impact Statement: HB1292F161.PDF |
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