Virginia · 2025 Regular Session · Bill
SB 662: Income tax, state; subtraction for state police retirement benefits.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 662 is a bill introduced in the Virginia Senate on January 16, 2024. According to its official title, it concerns: Income tax, state; subtraction for state police retirement benefits. Primary sponsor: Mark Peake (Republican). It lists 1 additional sponsor. Most recent recorded action (November 19, 2024): Left in Finance and Appropriations.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Income tax subtraction; state police retirement benefits. Establishes an income tax subtraction for up to $10,000 of state police retirement benefits in taxable year 2024 and each year thereafter. The bill defines state police retirement benefits to include retirement income received by a Virginia State Police officer who is at least 55 years of age and benefits paid to the surviving spouse of such officer whose death occurred in the line of duty.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mark Peake | Primary sponsor | Republican | Senate | 8 |
| Christie Craig | Co-sponsor | Republican | Senate | 19 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance and Appropriations
- Continued to 2025 in Finance and Appropriations (14-Y 0-N)
- Impact statement from TAX (SB662)
- Referred to Committee on Finance and Appropriations
- Presented and ordered printed 24104634D