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SB 268

Virginia Senate bill in Session 2026.

Status: introduced. Latest action: January 28, 2026.

Income tax, state; creates child tax credit.

Bill ID VA-2026-SB-268
Session 2026
Status introduced
Committee Finance and Appropriations
Senate introduced 2026-01-28
Summary

Individual income tax; child tax credit. Creates a refundable individual income tax credit in taxable years 2027 through 2031 in an amount equal to that allowed for the corresponding federal child tax credit. Only one credit may be claimed for each qualifying child, as defined in the bill.

Sponsor
Craig
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-12 Introduced Bill introduced
2026-01-12 Status introduced
2026-01-28 Latest Action S Continued to next session in Finance and Appropriations (9-Y 4-N)
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