SB674Introduced in the Senate
Income tax, state; first-time homebuyer tax credit.
Introduced by Aaron Rouse, District 22
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; first-time homebuyer tax credit. Creates a one-time, nonrefundable individual income tax credit in taxable years 2026 through 2030 for expenses incurred by a first-time homebuyer for the purchase of direct ownership in residential real property in an amount equal to five percent of the purchase price value of such property detailed on the purchase agreement up to $10,000. The bill requires that any credits be repaid in the event that the residential real property for which first-time homebuyer expenses were incurred and such credit was claimed is sold within three years from the purchase date of such property.
Where it stands
Continued to next session in Finance and Appropriations (12-Y 2-N)
January 28, 2026
How did lawmakers vote?
SenateStage: Continued to next session in Finance and Appropriations (12-Y 2-N) · January 28, 2026
12
Yes
2
No
1
Absent or Not Voting
15 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
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.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Mark Obenshain | 2 | Yes |
| Todd Pillion | 6 | Yes |
| Creigh Deeds | 11 | Yes |
| Louise Lucas | 18 | Yes |
| Aaron Rouse | 22 | No |
| Mamie Locke | 23 | Yes |
| Richard Stuart | 25 | Yes |
| Ryan McDougle | 26 | No |
| Bryce Reeves | 28 | Absent |
| Jeremy McPike | 29 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26100702D
Referred to Committee on Finance and Appropriations
Fiscal Impact statement From TAX (1/26/2026 10:16 am)
Continued to next session in Finance and Appropriations (12-Y 2-N)
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