VirginiaSB6942026 Regular SessionSenate

Income tax, state; subtractions for tips.

Sponsored By: Emily M. Jordan (Republican)

In Committee

Summary

Individual income tax subtractions; tips. Establishes an individual income tax subtraction for income attributable to tips in an amount equal to (i) 25 percent of the federal tip income deduction for taxable year 2026 and (ii) 50 percent of the federal tip income deduction in taxable year 2027 and thereafter.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Emily M. Jordan

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 9 • No: 4

Senate vote 1/28/2026

Continued to 2027 in Finance and Appropriations

Yes: 9 • No: 4

Actions Timeline

  1. Continued to 2027 in Finance and Appropriations (9-Y 4-N)

    1/28/2026Senate
  2. Fiscal Impact statement From TAX (1/24/2026 9:56 am)

    1/24/2026Senate
  3. Referred to Committee on Finance and Appropriations

    1/14/2026Senate
  4. Prefiled and ordered printed; Offered 01-14-2026 26104554D

    1/14/2026Senate

Bill Text

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