VirginiaIncome tax, state; credit for certain health care providers.
What it does
Income tax; credit for certain health care providers. Provides, for taxable years 2026 through 2030, a nonrefundable individual income tax credit for eligible health care providers, defined in the bill, who provide health care in an underserved community during the taxable year. The bill defines "underserved community" as an area within the Commonwealth identified by the Board of Health as medically underserved.
More detail
The amount of the credit shall equal $5,000 if the eligible health care provider provided at least 1,600 hours of health care in an underserved community during the taxable year or $2,500 if the eligible health care provider provided at least 800 hours of health care in an underserved community during the taxable year. The bill provides that such providers shall only be allowed to claim such credit for two taxable years. The aggregate amount of credits allowable under the provisions of the bill shall not exceed $5 million per taxable year.
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
- 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
- Feb 2House subcommittee offered
- Jan 31Fiscal Impact statement From TAX (1/31/2026 7:38 pm)
- Jan 14Referred to Committee on FinanceMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26105400DIntroduced