2025 Regular Session • Virginia Legislature
SB845: Virginia taxable income; standard deduction; sunset.
Legislative Summary
Virginia taxable income; standard deduction; sunset. Removes the sunset on elevated standard deduction amounts for single individuals and married persons that is scheduled to expire for taxable years beginning on and after January 1, 2026. This bill was incorporated into SB 782.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/2/2025
Prefiled and ordered printed; Offered 01-08-2025 25101012D
Senate
1/2/2025
Referred to Committee on Finance and Appropriations
Senate
1/18/2025
Impact statement from TAX (SB845)
Senate
1/28/2025
Incorporated by Finance and Appropriations (SB782-Suetterlein) (15-Y 0-N)
Senate
Roll Call Votes
Incorporated by Finance and Appropriations (SB782-Suetterlein) (15-Y 0-N)
1/28/2025
15
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(1/2/2025)
Chamber
Senate
Sponsors
Republican: 1
Primary Sponsor
Richard Stuart
Republican