HB 1155 VA Introduced
Income tax, state and corporate; subtraction for broad band grant fund awards.
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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 2025.
Sponsor (1)
- M. Keith Hodges Republican · primary
Action history (6)
- Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105225D · lower
- Jan 14, 2026 Referred to Committee on Finance · lower
- Jan 24, 2026 Fiscal Impact statement From TAX (1/24/2026 4:41 pm) · lower
- Jan 31, 2026 Fiscal Impact statement From TAX (1/31/2026 8:01 pm) · lower
- Feb 2, 2026 Subcommittee recommends striking from the docket (8-Y 0-N) · lower
- Feb 18, 2026 Left in Finance · lower
Text versions (2)
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