HB 1051 VA

0likes☆Favorite🔕SubscribeShare

Introduced

Income tax; real property tax relief credit. Provides a refundable income tax credit in taxable years 2026 through 2030 to eligible taxpayers, defined in the bill, who incur real property taxes in an amount equal to or greater than four percent of their federal adjusted gross income for up to $500 for single individuals and $1000 for married persons filing jointly.

• Eric Phillips Republican · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103725D · lower
2. Jan 14, 2026 Referred to Committee on Finance · lower
3. Feb 1, 2026 Fiscal Impact statement From TAX (2/1/2026 3:36 pm) · lower
4. Feb 2, 2026 House subcommittee offered · lower
5. Feb 2, 2026 Subcommittee recommends laying on the table (7-Y 3-N) · lower
6. Feb 18, 2026 Left in Finance · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Subcommittee #1 Subcommittee Amendment · HTML
• Finance Amendment · HTML
• Introduced · PDF
• Introduced · HTML