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Income tax; standard deduction. Removes the sunset from and makes permanent the enhanced standard deduction amounts of $8,750 for single individuals and $17,500 for married individuals filing jointly. Under current law, the standard deduction is scheduled to revert to $3,000 for single individuals and $6,000 for married individuals filing jointly after taxable year 2026.
Introduced
Dec 19, 2025
Last Action
Feb 18, 2026
Session
VA 2026
Sponsors
1 primary · 14 co
Left in Finance
Subcommittee recommends continuing to (Voice Vote)
Subcommittee recommends laying on the table (7-Y 2-N)
Assigned HFIN sub: Subcommittee #3
Fiscal Impact statement From TAX (1/17/2026 1:41 pm)
Prefiled and ordered printed; Offered 01-14-2026 26103906D
Referred to Committee on Finance
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Finance
Joseph P. McNamara
Mike A. Cherry
Hyland F. "Buddy" Fowler, Jr.
Timothy P. Griffin
Terry G. Kilgore
Ellen H. McLaughlin
Phillip A. Scott
Wendell S. Walker
Tony O. Wilt
Eric R. Zehr