SB 344 Retirement deduction from Virginia adjusted gross income.
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Summary:
Retirement deduction from Virginia adjusted gross income. Reduces the retirement deduction for individuals 65 and over from $12,000 to $6,472, and for individuals 62 through 64 from $6,000 to $3,236, effective for taxable years beginning January 1, 1994. Also eliminates the requirement that the retirement deduction from Virginia adjusted gross income be reduced by Social Security or railroad retirement income.

Full text:
01/25/94  Senate: Presented and ordered printed  pdf

Status:
01/25/94  Senate: Presented and ordered printed
01/25/94  Senate: Referred to Committee on Finance
02/08/94  Senate: Reported from Finance (15-Y 0-N)
02/09/94  Senate: Constitutional reading dispensed (39-Y 0-N)
02/09/94  Senate: VOTE: (39-Y 0-N)
02/10/94  Senate: Read second time and engrossed
02/10/94  Senate: Constitutional reading dispensed (38-Y 0-N)
02/10/94  Senate: VOTE: CONST. READING DISPENSED (38-Y 0-N)
02/10/94  Senate: Passed Senate (32-Y 6-N)
02/10/94  Senate: VOTE: PASSAGE (32-Y 6-N)
02/11/94  Senate: Rec. of Sen. passage agreed to by Senate (36-Y 1-N)
02/11/94  Senate: VOTE: RECONSIDER (36-Y 1-N)
02/11/94  Senate: Passed by for the day
02/14/94  Senate: Passed by for the day
02/15/94  Senate: Read third time and passed Senate (30-Y 7-N)
02/15/94  Senate: VOTE: PASSAGE (30-Y 7-N)
02/15/94  Senate: Communicated to House
02/16/94  House: Placed on Calendar
02/17/94  House: Read first time
02/17/94  House: Referred to Committee on Finance
02/22/94  House: Assigned to Finance sub-committee: 2
02/23/94  House: Continued to 1995 in Finance (20-Y 0-N)
12/20/94  House: No action taken by Finance by voice vote