SB 61

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Dec 26, 2023
  • Senate
  • House
  • Governor

Income tax, state; establishes a subtraction for firefighter benefits.

Abstract

Income tax subtraction; firefighter benefits. 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 professional 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 benefits. 24102225D

Bill Sponsors (1)

Votes


Actions


Nov 19, 2024

Senate

Left in Finance and Appropriations

Feb 06, 2024

Senate

Continued to 2025 in Finance and Appropriations (14-Y 0-N)

Jan 27, 2024

Senate

Impact statement from TAX (SB61)

Dec 26, 2023

Senate

Prefiled and ordered printed; offered 01/10/24 24102225D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
Impact statement from TAX (SB61) PDF

Sources

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