VirginiaSB7632025 Regular SessionSenate

Income tax deduction; tips.

Sponsored By: Ryan T. McDougle (Republican)

Failed

Summary

Income tax deduction; tips. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of cash tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Ryan T. McDougle

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Finance and Appropriations

    2/5/2025Senate
  2. Impact statement from TAX (SB763)

    1/10/2025Senate
  3. Referred to Committee on Finance and Appropriations

    12/13/2024Senate
  4. Prefiled and ordered printed; Offered 01-08-2025 25102293D

    12/13/2024Senate

Bill Text

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