VA HB2180 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2025 - 25% progression
Action: 2025-01-24 - Assigned Finance sub: Subcommittee #3
Pending: House Finance: Subcommittee #3 Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 7 2025 - 25% progression
Action: 2025-01-24 - Assigned Finance sub: Subcommittee #3
Pending: House Finance: Subcommittee #3 Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Child tax credit; Virginia adjusted gross income. Creates a one-time tax credit in taxable years 2025 through 2029 for taxpayers whose households include dependents younger than 12 years of age and whose family Virginia adjusted gross income, defined in the bill, does not exceed $100,000. Such credit shall be in an amount equal to $300 for each such dependent and only one credit may be claimed for each such dependent. The bill provides that if the taxpayer is a resident of the Commonwealth for the full taxable year, the credit is refundable. Otherwise, the credit is nonrefundable.
Title
Child tax credit; Virginia adjusted gross income.
Sponsors
Del. Kathy Tran [D] |
History
Date | Chamber | Action |
---|---|---|
2025-01-24 | House | Assigned Finance sub: Subcommittee #3 |
2025-01-07 | House | Referred to Committee on Finance |
2025-01-07 | House | Prefiled and ordered printed; Offered 01-08-2025 25104436D |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/bill-details/20251/HB2180 |
Text | https://lis.virginia.gov/bill-details/20251/HB2180/text/HB2180 |