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HB1211Introduced in the House of Delegates

Income tax, state; first-time homebuyer tax credit.

IntroducedHouse Finance

Introduced by Briana Sewell, District 25

What does this bill do?

Plain-English breakdown

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Official description

Individual income tax; first-time homebuyer tax credit. Creates a one-time, nonrefundable individual income tax credit in taxable years 2026 through 2030 for the purchase of a principal residence by a first-time homebuyer, as such terms are defined in the bill, in an amount equal to $5,000. The bill requires that any credits be repaid if the principal residence is sold or no longer serves as the first-time homebuyer's principal residence within three years from the purchase date of such property.

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

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26105125D

  2. Referred to Committee on Finance

  3. Fiscal Impact statement From TAX (1/28/2026 9:17 am)

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

  5. Left in Finance

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