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Legislation · Virginia · 2025

SB 943: 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).

Latest recorded action

Passed by indefinitely in Finance and Appropriations (14-Y 0-N)

Jan 21, 2025

This is the latest action supplied by the source, not the full legislative history.

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