HB 1292

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 10, 2024
  • House
  • Senate
  • Governor

Income tax, state; subtraction for professional firefighter pension.

Abstract

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.

Bill Sponsors (7)

Votes


Actions


Feb 07, 2024

House

Committee substitute posted to LIS only 24107082D-H1

House

Continued to 2025 with substitute in Finance

Feb 05, 2024

House

House subcommittee amendments and substitutes offered

House

Subcommittee recommends continuing to 2025 with substitute

Feb 02, 2024

House

Assigned Finance sub: Subcommittee #1

House

Impact statement from TAX (HB1292)

Jan 10, 2024

House

Prefiled and ordered printed; offered 01/10/24 24102658D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24102658D PDF HTML
Committee substitute posted to LIS only 24107082D-H1 PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB1292F161.PDF PDF

Sources

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