1998 Session

Budget Amendments - HB30 (Committee Approved)

Military Income Tax Cut Deferral (language only)

Item 4-12.01 #2h

Item 4-12.01 #2h

Effective Date
3: Miscellaneous & Part 4: General Provisions)

Page 416, after line 12, insert:
§9.  Notwithstanding the provisions of House Bill 680 as it may be adopted by the 1998 session of the Virginia General Assembly, any amendment to § 58.1-322,  Code of Virginia, relating to taxable income of military personnel shall not have the full force and effect of law until July 1, 2000."

(This amendment defers the effective date of certain legislation relating to a reduction in individual income taxes of certain military personnel.)