Virginia · 2025 Regular Session · Bill
HB 1078: Family caregiver; creates a nonrefundable income tax credit for taxable years 2024 through 2028.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1078 is a bill introduced in the Virginia House on January 10, 2024. According to its official title, it concerns: Family caregiver; creates a nonrefundable income tax credit for taxable years 2024 through 2028. Primary sponsor: Sam Rasoul (Democratic). It lists 6 additional sponsors. Most recent recorded action (November 18, 2024): 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.
Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more activities of daily living, also defined in the bill. The credit equals 50 percent of eligible expenditures incurred by the caregiver up to $1,000. In order to qualify for the credit, the family caregiver must (i) not receive any compensation or reimbursement for the eligible expenditures and (ii) have federal adjusted gross income that is no greater than $100,000 for an individual or $200,000 for married persons. The bill requires the Tax Commissioner to establish guidelines for claiming the credit and provides that any unused credit may be carried forward by the taxpayer for five taxable years following the taxable year for which the credit was issued.
Sponsors
Sponsors by party (alphabetical): Democratic 5 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Sam Rasoul | Primary sponsor | Democratic | House | 38 |
| Betsy Carr | Co-sponsor | Democratic | House | 78 |
| Jackie Glass | Co-sponsor | Democratic | House | 93 |
| Chris Head | Co-sponsor | Republican | Senate | 3 |
| Michelle Lopes Maldonado | Co-sponsor | Not applicable (committee) | — | — |
| Cia Price | Co-sponsor | Democratic | House | 85 |
| Rod Willett | Co-sponsor | Democratic | House | 58 |
“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
- Continued to 2025 in Finance (Voice Vote)
- Subcommittee recommends continuing to 2025 (7-Y 0-N)
- Assigned Finance sub: Subcommittee #3
- Impact statement from TAX (HB1078)
- Referred to Committee on Finance
- Prefiled and ordered printed; offered 01/10/24 24100467D