VirginiaIncome tax, state and corporate; subtraction for broad band 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 2025.
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 striking from the docket (8-Y 0-N)
- Vote recorded Subcommittee recommends striking from the docket. Result: pass.Lower
- Jan 31Fiscal Impact statement From TAX (1/31/2026 8:01 pm)
- Jan 24Fiscal Impact statement From TAX (1/24/2026 4:41 pm)
- Jan 14Referred to Committee on FinanceMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26105225DIntroduced