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HB 458 VA
Introduced

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

VA · session 2026 · Assembly / House · bill

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Introduced Jan 12, 2026

Latest action (Feb 18, 2026) Left in Finance

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 (1)

Action history (5)
  1. Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105230D · lower
  2. Jan 12, 2026 Referred to Committee on Finance · lower
  3. Jan 23, 2026 Fiscal Impact statement From TAX (1/23/2026 6:27 pm) · lower
  4. Feb 2, 2026 Subcommittee recommends laying on the table (7-Y 3-N) · lower
  5. Feb 18, 2026 Left in Finance · lower

Text versions (2)

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.

  • Introduced · PDF
  • Introduced · HTML

Full text

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