HB 1128STATE · VirginiaIntroduced

Income tax, state; military benefits subtraction.

Income tax; military benefits subtraction; emergency. Establishes an income tax subtraction for up to $20,000 of military benefits in taxable year 2022, up to $30,000 in taxable year 2023, and up to $40,000 in taxable year 2024 and each year thereafter. The bill defines military benefits to include military retirement income and benefits paid to the surviving spouse of a veteran. The bill contains an emergency clause.

Voted: 8/4/2022

How representatives voted

324 yea·175 nay·16 other

Action history

  • 8/4/2022of adjournment of the 2022 Special Session l)
  • 8/4/2022Approved by Governor-Chapter 14 (effective on the 1st day of the 4th month following the month
  • 7/28/2022Governor's Action Deadline 11:59 p.m., August 4, 2022
  • 7/28/2022Enrolled Bill communicated to Governor on July 28, 2022
  • 7/21/2022Signed by President
  • 7/20/2022Signed by Speaker
  • 7/20/2022Impact statement from TAX (HB1128ER)
  • 7/20/2022Enrolled
  • 6/17/2022Emergency clause deleted
  • 6/17/2022Conference report agreed to by Senate (39-Y 0-N)