Mark Peake
- Republican
- Senator
- District 8
Primary
Income tax subtraction; state police retirement benefits. Establishes an income tax subtraction for up to $10,000 of state police retirement benefits in taxable year 2024 and each year thereafter. The bill defines state police retirement benefits to include retirement income received by a Virginia State Police officer who is at least 55 years of age and benefits paid to the surviving spouse of such officer 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; state police retirement benefits. 24104634D
Left in Finance and Appropriations
Continued to 2025 in Finance and Appropriations (14-Y 0-N)
Impact statement from TAX (SB662)
Presented and ordered printed 24104634D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Impact statement from TAX (SB662) |
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