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.
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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
No roll call votes available for this bill.
Actions Timeline
Continued from last session
7/21/2026HouseContinued to 2027 in Finance (Voice Vote)
2/11/2026HouseSubcommittee recommends continuing to 2028 (Voice Vote)
2/9/2026HouseAssigned HFIN sub: Subcommittee #3
2/5/2026HouseFiscal Impact statement From TAX (1/18/2026 5:51 pm)
1/18/2026HouseReferred to Committee on Finance
1/12/2026HousePrefiled and ordered printed; Offered 01-14-2026 26102368D
1/12/2026House
Bill Text
Introduced
1/12/2026
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