Virginia · 2026 Regular Session · Bill

SB 702: Income tax, state; brackets, deductions, and exemptions, inflation indexing.

In committee Last action February 5, 2026: Continued to next session in Finance and Appropriations (10-Y 5-N)

Plain-language summary

SB 702 is a bill introduced in the Virginia Senate on January 14, 2026. According to its official title, it concerns: Income tax, state; brackets, deductions, and exemptions, inflation indexing. Primary sponsor: Kannan Srinivasan (Democratic). Most recent recorded action (February 5, 2026): Continued to next session in Finance and Appropriations (10-Y 5-N).

Sponsors

Primary sponsor: Kannan Srinivasan (Democratic).