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SB 380

Virginia - Session 2026

Senate introduced 2026-02-03
Bill Details

Title: Income tax, corporate and state; subtraction for broadband grant fund awards.

Summary

Income tax subtraction; broadband grant fund awards. Establishes an individual and corporate income tax subtraction for any amount of public grant awards received in the taxable year for the exclusive purpose of planning, constructing, expanding, or improving upon broadband infrastructure and services in the Commonwealth beginning in taxable year 2026.

Sponsor
Boysko
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Actions Timeline
Date Event Detail
2026-01-13 Introduced Bill introduced
2026-01-13 Status introduced
2026-02-03 Latest Action S Continued to next session in Finance and Appropriations (15-Y 0-N)
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