HB1210Introduced in the House of Delegates
Income tax, state; subtraction for long-term capital gains from sale of principal residence.
Introduced by Briana Sewell, District 25
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
Individual income tax subtraction; long-term capital gains from sale of principal residence. Provides an individual income tax subtraction in taxable years 2025 through 2029 for income that is (i) taxed as a long-term capital gain for federal income tax purposes, (ii) attributable to the sale of property that served as the taxpayer's principal residence for at least two of the five years preceding such sale, and (iii) in excess of federal limitations only allowing an exclusion from gross income for up to $250,000, or $500,000, for joint filers, of gain from such a sale.
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
1
Absent or Not Voting
11 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
| Delegate | District | Vote |
|---|---|---|
| Gretchen Bulova | 11 | Yes |
| Vivian Watts | 14 | Yes |
| Michelle Maldonado | 20 | Yes |
| Will Davis | 39 | No |
| Joseph McNamara | 40 | No |
| Katrina Callsen | 54 | Yes |
| Hyland Fowler | 59 | No |
| Debra Gardner | 76 | Yes |
| Kimberly Pope Adams | 82 | Yes |
| Bonita Anthony | 92 | Absent |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26104794D
Referred to Committee on Finance
Fiscal Impact statement From TAX (1/22/2026 6:12 pm)
Subcommittee recommends laying on the table (7-Y 3-N)
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.