VirginiaSB7892025 Regular SessionSenate

Newborn and stillborn tax credit; establishes a refundable income tax credit.

Sponsored By: Christopher T. Head (Republican)

Failed

Summary

Newborn and stillborn tax credit. Establishes a refundable income tax credit for taxable years 2025 through 2029 for married individuals in an amount equal to $2,000 per eligible birth, defined in the bill. The bill also allows individuals and married individuals filing jointly to claim a refundable credit in an amount equal to $2,000 per stillborn birth so long as such stillborn birth is not also the birth of a child by a surrogate. The bill specifies that only one tax credit may be claimed for each eligible birth or stillborn birth.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Christopher T. Head

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 13 • No: 1

Senate vote • 1/21/2025

Passed by indefinitely in Finance and Appropriations

Yes: 13 • No: 1

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (13-Y 1-N)

    1/21/2025Senate
  2. Impact statement from TAX (SB789)

    1/15/2025Senate
  3. Referred to Committee on Finance and Appropriations

    12/28/2024Senate
  4. Prefiled and ordered printed; Offered 01-08-2025 25101893D

    12/28/2024Senate

Bill Text

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