HB 1004 VA

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Introduced

Child tax credit; Virginia adjusted gross income. Creates a one-time tax credit in taxable years 2026 through 2030 for taxpayers whose households include dependents younger than 13 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.

• Kathy K.L. Tran Democratic · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103480D · lower
2. Jan 14, 2026 Referred to Committee on Finance · lower
3. Feb 1, 2026 Fiscal Impact statement From TAX (2/1/2026 10:58 am) · lower
4. Feb 2, 2026 Subcommittee recommends laying on the table (7-Y 3-N) · lower
5. 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.

• Introduced · PDF
• Introduced · HTML