HB 88

  • Virginia House Bill
  • 2025 Regular Session
  • Introduced in House Dec 28, 2023
  • House
  • Senate
  • Governor

Income tax, state; removes sunset on elevated standard deduction amounts.

Abstract

Virginia taxable income; standard deduction. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that was scheduled to expire for taxable years beginning on and after January 1, 2026.

A BILL to amend and reenact ยง 58.1-322.03, as it is currently effective and as it may become effective, of the Code of Virginia, relating to Virginia taxable income; standard deduction. 24101436D

Bill Sponsors (1)

Votes


Actions


Nov 18, 2024

House

Left in Finance

Feb 07, 2024

House

Continued to 2025 in Finance (Voice Vote)

Feb 05, 2024

House

Subcommittee recommends continuing to 2025 (7-Y 0-N)

Feb 02, 2024

House

Assigned Finance sub: Subcommittee #3

Jan 14, 2024

House

Impact statement from TAX (HB88)

Dec 28, 2023

House

Prefiled and ordered printed; offered 01/10/24 24101436D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
Impact statement from TAX (HB88) PDF

Sources

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.