# Virginia HB2700: Income tax, state; subtractions of military benefits.

Virginia HB2700, Income tax, state; subtractions of military benefits., is a 2025 Regular Session House bill sponsored by Chris Obenshain (Republican); status failed, last action 2025-02-04 (Left in Finance) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2700-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2700
- State: Virginia
- Session: 2025 Regular Session
- Title: Income tax, state; subtractions of military benefits.
- Status: failed
- Chamber: House
- Introduced: 2025-01-16
- Last action: 2025-02-04, Left in Finance
- Sponsor: Chris Obenshain (Republican)
- Cosponsors: 0
- Subjects: Finance
- Touches household money: no
- Roll calls: 1 (0 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Taxable income; subtractions; military benefits. Removes the current cap of $40,000 of military benefits that may be subtracted from Virginia taxable income for taxable years beginning on and after January 1, 2026, such that the total amount of military benefits may be subtracted from such income.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Chris Obenshain (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-01-28 | House | Subcommittee recommends incorporating into HB2524-Fowler (Voice Vote) | pass | 0 | 0 |   |

## Actions (6)

- 2025-02-04: Left in Finance (House)
- 2025-01-28: Subcommittee recommends incorporating into HB2524-Fowler (Voice Vote) (House)
- 2025-01-25: Assigned Finance sub: Subcommittee #2 (House)
- 2025-01-24: Impact statement from TAX (HB2700) (House)
- 2025-01-16: Referred to Committee on Finance (House)
- 2025-01-16: Presented and ordered printed 25103813D (House)

## Bill text

- Introduced, 2025-01-16: [HTML](https://lis.blob.core.windows.net/files/1021845.HTML), [PDF](https://lis.blob.core.windows.net/files/1021844.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1021845.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1021844.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB2700-2025 (as of 2026-10-17).