VirginiaHB6212025 Regular SessionHouse

Income tax, state; eligible low-income taxpayers to claim a refundable tax credit.

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

Failed

Summary

Earned income tax credit. Allows eligible low-income taxpayers to claim a refundable income tax credit equal to 20 percent of the federal earned income tax credit claimed that year by the taxpayer for the same taxable year. The bill also states that individuals who would have been entitled to the federal equivalent of this credit but for the fact that the individual, the individual's spouse, or one or more of the individual's children does not have a valid social security number are eligible to claim this credit.

Finance

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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: 7 • No: 0

House vote • 2/7/2024

Continued to 2025 with amendment(s) in Finance (Voice Vote)

Yes: 0 • No: 0

House vote • 2/5/2024

Subcommittee recommends continuing to 2025 with amendment(s)

Yes: 7 • No: 0

Actions Timeline

  1. Left in Finance

    11/18/2024House
  2. Continued to 2025 with amendment(s) in Finance (Voice Vote)

    2/7/2024House
  3. Subcommittee recommends continuing to 2025 with amendment(s) (7-Y 0-N)

    2/5/2024House
  4. House subcommittee amendments and substitutes offered

    2/5/2024House
  5. Assigned Finance sub: Subcommittee #3

    2/2/2024House
  6. Impact statement from TAX (HB621)

    1/29/2024House
  7. Referred to Committee on Finance

    1/9/2024House
  8. Prefiled and ordered printed; offered 01/10/24 24100960D

    1/9/2024House

Bill Text

  • Introduced

    1/15/2024

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