# Virginia SB268: Income tax, state; creates child tax credit.

Virginia SB268, Income tax, state; creates child tax credit., is a 2027 Regular Session Senate bill sponsored by Christie New Craig (Republican); status in committee, last action 2026-07-21 (Continued from last session) (as of 2026-10-11).

- Canonical: https://policyrisk.com/state-bill/VA-SB268-2027
- As of: 2026-10-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia SB268
- State: Virginia
- Session: 2027 Regular Session
- Title: Income tax, state; creates child tax credit.
- Status: in committee
- Chamber: Senate
- Introduced: 2026-01-12
- Last action: 2026-07-21, Continued from last session
- Sponsor: Christie New Craig (Republican)
- Cosponsors: 0
- Subjects: Finance and Appropriations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Individual income tax; child tax credit. Creates a refundable individual income tax credit in taxable years 2027 through 2031 in an amount equal to that allowed for the corresponding federal child tax credit. Only one credit may be claimed for each qualifying child, as defined in the bill.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Christie New Craig (Republican), Senate

## Actions (5)

- 2026-07-21: Continued from last session (Senate)
- 2026-01-28: Continued to 2027 in Finance and Appropriations (9-Y 4-N) (Senate)
- 2026-01-26: Fiscal Impact statement From TAX (1/26/2026 8:12 am) (Senate)
- 2026-01-12: Referred to Committee on Finance and Appropriations (Senate)
- 2026-01-12: Prefiled and ordered printed; Offered 01-14-2026 26105129D (Senate)

## Bill text

- Introduced, 2026-01-12: [HTML](https://lis.blob.core.windows.net/files/1230832.HTML), [PDF](https://lis.blob.core.windows.net/files/1230831.PDF)

## Related bills

- SB844: Licensed clinical psychologists; prescriptive authority; report. (in committee)
- HB1535: Individuals with developmental or intellectual disabilities; admissibility of statements. (introduced)
- HB1534: School service providers; deletion of student and family personal information. (introduced)
- SB843: Data centers; state permitting, local approval, moratorium, sunset. (in committee)
- SB842: High school student athletes; eligibility, enrollment. (in committee)
- SB840: Corrections, Director of the Department of; placement of inmates, Red Onion State Prison. (in committee)

## Sources
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1230832.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1230831.PDF)

## Related
- [SB844: Licensed clinical psychologists; prescriptive authority; report.](https://policyrisk.com/state-bill/VA-SB844-2027)
- [HB1535: Individuals with developmental or intellectual disabilities; admissibility of s…](https://policyrisk.com/state-bill/VA-HB1535-2027)
- [HB1534: School service providers; deletion of student and family personal information.](https://policyrisk.com/state-bill/VA-HB1534-2027)
- [SB843: Data centers; state permitting, local approval, moratorium, sunset.](https://policyrisk.com/state-bill/VA-SB843-2027)
- [SB842: High school student athletes; eligibility, enrollment.](https://policyrisk.com/state-bill/VA-SB842-2027)
- [SB840: Corrections, Director of the Department of; placement of inmates, Red Onion Sta…](https://policyrisk.com/state-bill/VA-SB840-2027)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-SB268-2027 (as of 2026-10-11).