Virginia - Session 2026
Title: Income tax, state; tax credit for certain small businesses.
Income tax; tax credit for certain small businesses. Establishes a one-time, nonrefundable tax credit for taxable years 2026 through 2030 for eligible small businesses, as defined in the bill, equal to $2,500. The bill limits the total aggregate amount of small business credits claimed to $5 million per taxable year.
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| Date | Event | Detail |
|---|---|---|
| 2026-01-12 | Introduced | Bill introduced |
| 2026-01-12 | Status | introduced |
| 2026-02-11 | Latest Action | H Continued to next session in Finance (Voice Vote) |
| Bill | Title | Status |
|---|---|---|
| HB 1231 | Commonwealth Aviation Fund; changes allocation amounts. | enrolled |
| SB 543 | Marijuana and hemp products; enforcement. | enrolled |
| HB 1464 | Victims of crime; reimbursement for expenses, report. | enrolled |
| SB 812 | Victims of crime; reimbursement for expenses, report. | enrolled |
| HB 895 | Electric utilities; energy storage requirements, Department of Energy to develop model ordinance. | enrolled |
| SB 448 | Electric utilities; energy storage requirements, Department of Energy to develop model ordinance. | enrolled |
| HB 1153 | Community Builders Pilot Program; name change, sunset repeal, statewide demonstration model site. | enacted |
| HB 1241 | Hampton Roads Infrastructure Coordination and Readiness Framework; HRTPO to develop, report. | enrolled |