VirginiaIncome tax, corporate and state; subtraction for broadband grant fund awards.
What it does
Income tax subtraction; broadband grant fund awards. Establishes an individual and corporate income tax subtraction for any amount of public grant awards received in the taxable year for the exclusive purpose of planning, constructing, expanding, or improving upon broadband infrastructure and services in the Commonwealth beginning in taxable year 2026.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 21Continued from last sessionLatest
- Feb 3Continued to next session in Finance and Appropriations (15-Y 0-N)
- Jan 29Fiscal Impact statement From TAX (1/29/2026 12:14 pm)
- Jan 24Fiscal Impact statement From TAX (1/24/2026 4:50 pm)
- Jan 13Referred to Committee on Finance and AppropriationsMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26101213DIntroduced