HB372Introduced in the House of Delegates
Income tax, state; removes sunset from and makes permanent increase in refundable earned tax credit.
Introduced by Marcia Price, District 85
What does this bill do?
Plain-English breakdown
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Official description
Earned income tax credit. Removes the sunset from and makes permanent the increase in Virginia's refundable earned income tax credit from 15 percent to 20 percent of the allowable federal earned income tax credit. Under current law, the Virginia refundable earned income tax credit expires in taxable year 2027, and Virginia's nonrefundable earned income tax credit, which has no expiration date, is equal to 20 percent of the federal credit.
Where it stands
Continued to next session in Finance (Voice Vote)
February 11, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26102368D
Referred to Committee on Finance
Fiscal Impact statement From TAX (1/18/2026 5:51 pm)
Assigned HFIN sub: Subcommittee #3
Subcommittee recommends continuing to (Voice Vote)
Continued to next session in Finance (Voice Vote)
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