VirginiaHB3722026 Regular SessionHouse

Income tax, state; removes sunset from and makes permanent increase in refundable earned tax credit.

Sponsored By: Marcia S. "Cia" Price (Democratic)

In Committee

Summary

Earned income tax credit. Removes the sunset from and makes permanent the increase in Virginia's refundable earned income tax credit from 15 percent to 20 percent of the allowable federal earned income tax credit. Under current law, the Virginia refundable earned income tax credit expires in taxable year 2027, and Virginia's nonrefundable earned income tax credit, which has no expiration date, is equal to 20 percent of the federal credit.

Subcommittee #3

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Marcia S. "Cia" Price

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

House vote 2/11/2026

Continued to 2027 in Finance (Voice Vote)

Yes: 0 • No: 0

House vote 2/9/2026

Subcommittee recommends continuing to 2027 (Voice Vote)

Yes: 0 • No: 0

Actions Timeline

  1. Continued to 2027 in Finance (Voice Vote)

    2/11/2026House
  2. Subcommittee recommends continuing to 2027 (Voice Vote)

    2/9/2026House
  3. Assigned HFIN sub: Subcommittee #3

    2/5/2026House
  4. Fiscal Impact statement From TAX (1/18/2026 5:51 pm)

    1/18/2026House
  5. Referred to Committee on Finance

    1/12/2026House
  6. Prefiled and ordered printed; Offered 01-14-2026 26102368D

    1/12/2026House

Bill Text

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