Virginia · 2025 Regular Session · Bill
HB 1562: Income tax deduction; tips.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1562 is a bill introduced in the Virginia House on December 15, 2024. According to its official title, it concerns: Income tax deduction; tips. Primary sponsor: W. Chad Green. Most recent recorded action (February 4, 2025): 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.
Income tax deduction; tips. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of cash tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| W. Chad Green | Primary sponsor | Not applicable (committee) | — | — |
“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 incorporating into HB1965-Tata (Voice Vote)
- Assigned Finance sub: Subcommittee #3
- Impact statement from TAX (HB1562)
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-08-2025 25100222D