Virginia Senate Bill 148: Income tax, state; subtraction for tax, military retirement benefits, uniformed services.

Virginia · 2026 Regular Session

What it does

Income tax subtraction; military retirement benefits; uniformed services. Expands the military benefits income tax subtraction to include retirement income received for service in the uniformed services of the United States, which includes the United States Armed Forces, the commissioned corps of the National Oceanic and Atmospheric Administration, and the commissioned corps of the United States Public Health Service. Under current law, the subtraction is only allowed for military retirement income received for service in the United States Armed Forces.

Latest action

Continued to next session in Finance and Appropriations (12-Y 1-N) (2026-01-28)

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