SB 943 Virginia Senate · 2025 Regular Session

Income tax, state; subtraction for retirement income of certain federal employees.

Summary
Income tax; subtraction; retirement income of certain federal employees. Establishes, beginning in taxable year 2025, an individual income tax subtraction for 20 percent of the retirement income of retirees covered under the federal Civil Service Retirement System (CSRS).
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 6, 2025 Last action Jan 21, 2025
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 6, 2025
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 1 co-sponsor

Sponsors