HB 47

Virginia House of Delegates bill in Session 2026.

Status: failed. Latest action: February 18, 2026.

Income tax, state; subtractions, uniformed services and foreign service retirement benefits.

Bill ID VA-2026-HB-47
Session 2026
Status failed
Committee Finance
House of Delegates failed 2026-02-18
Summary

Income tax subtractions; uniformed services and foreign service retirement benefits. Provides that, for taxable years beginning on and after January 1, 2027, (i) the military retirement income tax subtraction allowed under current law shall include retirement income of uniformed service members and (ii) up to $40,000 of United States Foreign Service member retirement benefits shall be subtracted in computing Virginia taxable income.

Sponsor
Reid
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Status failed
2025-12-29 Introduced Bill introduced
2026-02-18 Latest Action H Left in Finance
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