Virginia · 2026 Regular Session · Bill
HB 1422: Solar energy equipment; establishes a nonrefundable income 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 1422 is a bill introduced in the Virginia House on January 22, 2026. According to its official title, it concerns: Solar energy equipment; establishes a nonrefundable income tax credit. Primary sponsor: Garrett McGuire (Democratic). 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.
Tax credit; solar energy equipment. Establishes a nonrefundable income tax credit for taxable years 2026 through 2030 for individuals who incur allowable expenses, as defined in the bill, for the purchase and installation of solar energy equipment, also defined in the bill. An individual who properly claims this credit shall be allowed a credit in the amount of 15 percent of the cost of such equipment and allowable expenses, up to $1,000. The aggregate amount of credits allowable under the provisions of the bill shall not exceed $5 million per taxable year.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Garrett McGuire | Primary sponsor | Democratic | House | 17 |
“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 (9-Y 1-N)
- Fiscal Impact statement From TAX (2/1/2026 1:25 pm)
- Referred to Committee on Finance
- Presented and ordered printed 26102238D