VirginiaIncome tax deduction; tips.
What it does
Income tax deduction; tips. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of cash tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 4Left in FinanceLatest
- Jan 27Subcommittee recommends incorporating into HB1965-Tata (Voice Vote)
- Jan 24Assigned Finance sub: Subcommittee #3Minor
- Jan 14Impact statement from TAX (HB1562)
- 2024
- Dec 15Referred to Committee on FinanceMinor
- Dec 15Prefiled and ordered printed; Offered 01-08-2025 25100222DIntroduced