Alex Askew
- Democratic
- Delegate
- District 95
Income tax subtraction; professional firefighter pension. Establishes an income tax subtraction for up to $20,000 of firefighter benefits in taxable year 2024, up to $30,000 in taxable year 2025, and up to $40,000 in taxable year 2026 and each year thereafter. The bill defines firefighter benefits to include retirement income related to firefighting services and benefits paid to the surviving spouse of a firefighter whose death occurred in the line of duty.
A BILL to amend and reenact ยง 58.1-322.02 of the Code of Virginia, relating to income tax subtraction; firefighter pension. 24102658D
No votes to display
Left in Finance
Committee substitute posted to LIS only 24107082D-H1
Continued to 2025 with substitute in Finance (Voice Vote)
House subcommittee amendments and substitutes offered
Subcommittee recommends continuing to 2025 with substitute (Voice Vote)
Impact statement from TAX (HB1292)
Assigned Finance sub: Subcommittee #1
Referred to Committee on Finance
Prefiled and ordered printed; offered 01/10/24 24102658D
Bill Text Versions | Format |
---|---|
Substitute | HTML PDF |
Introduced | HTML PDF |
Document | Format |
---|---|
Impact statement from TAX (HB1292) |
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.