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 House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 18Left in FinanceLatest
- Feb 2Subcommittee recommends laying on the table (7-Y 3-N)
- Vote recorded Subcommittee recommends laying on the table. Result: pass.Lower
- Jan 23Fiscal Impact statement From TAX (1/23/2026 6:27 pm)
- Jan 12Referred to Committee on FinanceMinor
- Jan 12Prefiled and ordered printed; Offered 01-14-2026 26105230DIntroduced