SB 380

Virginia Senate bill in Session 2026.

Status: introduced. Latest action: February 3, 2026.

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

Bill ID VA-2026-SB-380
Session 2026
Status introduced
Committee Finance and Appropriations
Senate introduced 2026-02-03
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
Official Source Back to Bills
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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