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

What it does

The legislature's own summary of the bill, or its official long title.

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).

Every action

6 steps, oldest first, as the legislature records them.

1. Jan 12, 2025House of DelegatesPrefiled and ordered printed; Offered 01-13-2025 25101309D
2. Jan 12, 2025CommitteeReferred to Committee on Finance · House of Delegates Finance
3. Jan 23, 2025House of DelegatesImpact statement from TAX (HB2575)
4. Jan 25, 2025CommitteeAssigned Finance sub: Subcommittee #2 · House of Delegates Finance: Subcommittee 2
5. Jan 25, 2025CommitteePlaced on Finance Agenda · House of Delegates Finance
6. Feb 4, 2025CommitteeLeft in Finance · House of Delegates Finance

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• James A. "Jay" LeftwichR Primary sponsor · District 90