Virginia · 2026 Regular Session · Bill
HB 1004: Income tax, state; creates child tax credit.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1004 is a bill introduced in the Virginia House on January 14, 2026. According to its official title, it concerns: Income tax, state; creates child tax credit. Primary sponsor: Kathy Tran (Democratic). It lists 4 additional sponsors. Most recent recorded action (February 18, 2026): Left in Finance.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Child tax credit; Virginia adjusted gross income. Creates a one-time tax credit in taxable years 2026 through 2030 for taxpayers whose households include dependents younger than 13 years of age and whose family Virginia adjusted gross income, defined in the bill, does not exceed $100,000. Such credit shall be in an amount equal to $300 for each such dependent and only one credit may be claimed for each such dependent. The bill provides that if the taxpayer is a resident of the Commonwealth for the full taxable year, the credit is refundable. Otherwise, the credit is nonrefundable.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kathy Tran | Primary sponsor | Democratic | House | 18 |
| Atoosa Reaser | Co-sponsor | Democratic | House | 27 |
| Saddam Salim | Co-sponsor | Democratic | Senate | 37 |
| Irene Shin | Co-sponsor | Democratic | House | 8 |
| Kannan Srinivasan | Co-sponsor | Democratic | Senate | 32 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance
- Subcommittee recommends laying on the table (7-Y 3-N)
- Fiscal Impact statement From TAX (2/1/2026 10:58 am)
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-14-2026 26103480D