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HB 47

Virginia - Session 2026

House of Delegates failed 2026-02-18
Bill Details

Title: Income tax, state; subtractions, uniformed services and foreign service retirement benefits.

Summary

Income tax subtractions; uniformed services and foreign service retirement benefits. Provides that, for taxable years beginning on and after January 1, 2027, (i) the military retirement income tax subtraction allowed under current law shall include retirement income of uniformed service members and (ii) up to $40,000 of United States Foreign Service member retirement benefits shall be subtracted in computing Virginia taxable income.

Sponsor
Reid
Official Source Back to Bills
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Actions Timeline
Date Event Detail
0000-00-00 Status failed
2025-12-29 Introduced Bill introduced
2026-02-18 Latest Action H Left in Finance
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