← All Virginia bills

HB1051Introduced in the House of Delegates

Income tax, state; real property tax relief credit.

IntroducedHouse Finance

Introduced by Eric Phillips, District 48

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

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.

Where it stands

Left in Finance

February 18, 2026

How did lawmakers vote?

House of DelegatesStage: Subcommittee recommends laying on the table (7-Y 3-N) · February 2, 2026

7

Yes

3

No

0

Absent or Not Voting

10 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26103725D

  2. Referred to Committee on Finance

  3. Fiscal Impact statement From TAX (2/1/2026 3:36 pm)

  4. House subcommittee offered

  5. Subcommittee recommends laying on the table (7-Y 3-N)

  6. Left in Finance

Verify the information

Our commitment to neutrality

We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.