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Individual income tax subtractions; tips. Establishes an individual income tax subtraction for income attributable to tips in an amount equal to (i) 25 percent of the federal tip income deduction for taxable year 2026 and (ii) 50 percent of the federal tip income deduction in taxable year 2027 and thereafter.
Introduced
Jan 14, 2026
Last Action
Jan 28, 2026
Session
VA 2026
Sponsors
1 primary · 13 co
Continued to next session in Finance and Appropriations (9-Y 4-N)
Fiscal Impact statement From TAX (1/24/2026 9:56 am)
Prefiled and ordered printed; Offered 01-14-2026 26104554D
Referred to Committee on Finance and Appropriations
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Continued to next session in Finance and Appropriations (9-Y 4-N)
Emily M. Jordan
Luther Cifers, III
Christie New Craig
J.D. "Danny" Diggs
Tara A. Durant
T. Travis Hackworth
Christopher T. Head
Ryan T. McDougle
Tammy Brankley Mulchi
Mark D. Obenshain
Mark J. Peake
Todd E. Pillion