VirginiaHB20862025 Regular SessionHouse

Income tax, state; energy efficient homes tax credits.

Sponsored By: Irene Shin (Democratic)

Failed

Summary

Income tax; energy efficient homes tax credits. Authorizes an eligible contractor, defined in the bill, to claim a nonrefundable income tax credit, during taxable years 2025 through 2029, in an amount equal to $1,000 per construction of a qualified new energy efficient home and $2,000 per construction of a zero energy ready home, as those terms are defined in the bill. The bill establishes a maximum credit amount that an eligible contractor may claim per taxable year of $250,000.

Subcommittee #2

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Irene Shin

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Finance

    2/4/2025House
  2. Impact statement from TAX (HB2086)

    1/26/2025House
  3. Assigned Finance sub: Subcommittee #2

    1/24/2025House
  4. Referred to Committee on Finance

    1/7/2025House
  5. Prefiled and ordered printed; Offered 01-13-2025 25104582D

    1/7/2025House

Bill Text

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