Virginia · 2026 Regular Session · Bill

SB 139: Income tax, state; subtraction for long-term capital gains from sale of principal residence.

In committee Last action January 28, 2026: Continued to next session in Finance and Appropriations (13-Y 0-N)

Plain-language summary

SB 139 is a bill introduced in the Virginia Senate on January 6, 2026. According to its official title, it concerns: Income tax, state; subtraction for long-term capital gains from sale of principal residence. Primary sponsor: Jeremy McPike (Democratic). Most recent recorded action (January 28, 2026): Continued to next session in Finance and Appropriations (13-Y 0-N).

Sponsors

Primary sponsor: Jeremy McPike (Democratic).