2023 Regular SessionVirginia Legislature

SB7: Income tax, state; Virginia's standard deduction equivalent to federal standard deduction.

Legislative Summary

Income tax; standard deduction. Provides that for taxable years beginning on and after January 1, 2022, Virginia's standard deduction shall be in an amount equivalent to the federal standard deduction.

Bill History

12/6/2021
Prefiled and ordered printed; offered 01/12/22 22100571D
Senate
12/6/2021
Referred to Committee on Finance and Appropriations
Senate
2/8/2022
Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
Senate
11/21/2022
Left in Finance and Appropriations
Senate

Roll Call Votes

Senate: Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
2/8/2022
11
Yea
3
Nay
1
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Introduced(12/6/2021)
Chamber
Senate
Committee
Finance and Appropriations(Senate)
Sine DiePrior Session

Sponsors

Democrat: 1

Primary Sponsor

John Petersen
John Petersen
Democrat

Documents

Prefiled
Bill Text12/6/202114.7 KB
Fiscal Note/Analysis
Fiscal Note/Analysis6/20/2022142.9 KB