SB 943

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 06, 2025
  • Senate
  • House
  • Governor

Income tax, state; subtraction for retirement income of certain federal employees.

Abstract

Income tax; subtraction; retirement income of certain federal employees. Establishes, beginning in taxable year 2025, an individual income tax subtraction for 20 percent of the retirement income of retirees covered under the federal Civil Service Retirement System (CSRS).

A BILL to amend and reenact ยง 58.1-322.02 of the Code of Virginia, relating to income tax; subtraction; retirement income of certain federal employees.

Bill Sponsors (2)

Votes


Actions


Jan 21, 2025

Senate

Passed by indefinitely in Finance and Appropriations (14-Y 0-N)

Jan 18, 2025

Senate

Impact statement from TAX (SB943)

Jan 06, 2025

Senate

Prefiled and ordered printed; Offered 01-08-2025 25102054D

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 (SB943) PDF

Sources

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