| VA | HB197 | Intro
Sine Die | Tax credit; solar energy equipment. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for individuals who incur allowable expenses, as defined in the bill, for the purchase and installation of solar energy equipment, a...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB810 | Intro
Sine Die | Nonfamily adoption tax credit. Creates a $4,000 nonrefundable tax credit for taxable years 2024 through 2028 for an individual or married persons who, during the taxable year, finalize a legal nonfamily adoption as defined in the bill.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1180 | Intro
Sine Die | Tax credit; eligible education expenses; home instruction and private education. Creates a tax credit for taxable years 2024 through 2028 that may be claimed by any parent of a child who receives home instruction or attends a private elementary or se...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1160 | Intro
Sine Die | Portable benefit accounts; tax credit. Authorizes a Virginia resident who has worked as an independent contractor to establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, credit u...
[Detail][Text][Discuss] | 2024-02-13
To House Appropriations Committee |
| VA | HB1234 | Intro
Sine Die | Eligible educator income tax deduction; home school instruction income tax credit. Increases from $500 to $1,500 for tax years 2024 through 2026 the amount of income tax deduction certain eligible educators may deduct for qualifying expenses. The b...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1275 | Intro
Sine Die | Home instruction and private school tax credit. Creates an individual, nonrefundable income tax credit for taxable years 2024 through 2028 for amounts paid by the parent or legal guardian of a child for the child's home instruction expenses or tuitio...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1527 | Intro
Sine Die | Electric vehicle charging equipment tax credit. Provides an income tax credit for the costs of installing electric vehicle charging equipment at a gas station. The credit shall extend for five years once claimed. For the first year of the credit, the...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1517 | Intro
Sine Die | Adoption tax credit. Creates a tax credit for taxable years 2024 through 2028 that may be claimed by an individual or married couple filing jointly for qualified adoption expenses, as defined in the bill. The bill imposes certain limitations on who m...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | SB310 | Intro
Sine Die | Tax credit; nonfamily adoptions. Creates a $4,000 nonrefundable tax credit for taxable years 2024 through 2028 for an individual or married couple who, during the taxable year, finalize a legal nonfamily adoption as defined in the bill.
[Detail][Text][Discuss] | 2024-02-07
Passed by indefinitely in Finance and Appropriations (10-Y 5-N) |
| VA | HB1078 | Intro
Sine Die | Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more a...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB887 | Intro
Sine Die | Income taxes. Creates a new income tax bracket for taxable years beginning on and after January 1, 2024, for income in excess of $600,000, which is to be taxed at seven percent. The bill also creates two new tax credits: a child and dependent care ta...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB969 | Intro
Sine Die | Child tax credit. Creates a tax credit for taxable years 2024 through 2028 for individuals whose households include dependents younger than the age of 18. The bill provides that the amount of the credit will be equal to $500 for each such dependent f...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | SB512 | Intro
Sine Die | Income tax credit; adaptive repurposing of underutilized structures. Creates a nonrefundable income tax credit in taxable years 2024 through 2028 for eligible expenses, defined in the bill, incurred in converting office buildings to residential uses....
[Detail][Text][Discuss] | 2024-02-07
Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N) |
| VA | SB419 | Intro
Sine Die | Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more a...
[Detail][Text][Discuss] | 2024-02-07
To Senate Finance and Appropriations Committee |
| VA | SB555 | Intro
Sine Die | First-time homebuyer tax credit. Creates a tax credit for taxable years 2024 through 2028 for individuals or married couples filing jointly who sell residential real property that is the taxpayer's primary residence and is located in the Commonwealth...
[Detail][Text][Discuss] | 2024-02-07
Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N) |
| VA | HB1078 | Intro
Prefile | Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more a...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB969 | Intro
Prefile | Child tax credit. Creates a tax credit for taxable years 2024 through 2028 for individuals whose households include dependents younger than the age of 18. The bill provides that the amount of the credit will be equal to $500 for each such dependent f...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | SB419 | Intro
Prefile | Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more a...
[Detail][Text][Discuss] | 2024-02-07
To Senate Finance and Appropriations Committee |
| VA | HB887 | Intro
Prefile | Income taxes. Creates a new income tax bracket for taxable years beginning on and after January 1, 2024, for income in excess of $600,000, which is to be taxed at seven percent. The bill also creates two new tax credits: a child and dependent care ta...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB762 | Intro
Sine Die | Organ donation leave tax credit. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for a taxpayer that is a private employer, as defined by the bill, for certain costs incurred during a period of organ donation leave r...
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
| VA | HB762 | Intro
Prefile | Organ donation leave tax credit. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for a taxpayer that is a private employer, as defined by the bill, for certain costs incurred during a period of organ donation leave r...
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
