HB 1551 Virginia House of Delegates · 2025 Regular Session

Income tax, state; removes sunset on elevated standard deduction amounts, etc.

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.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Oct 2024

Committee Review

Floor Vote

Governor

Introduced Oct 29, 2024 Last action Feb 4, 2025

Floor votes

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No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 24, 2025

Committee

Assigned Finance sub: Subcommittee #3

lower

Oct 29, 2024

Committee

Referred to Committee on Finance

lower

1 primary · 33 co-sponsors

Sponsors

Role

Legislator

Party

State

District