Virginia · 2025 Regular Session · Bill
HB 2345: Child day-care facility investment and child day-care expense reimbursement; income tax credits.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2345 is a bill introduced in the Virginia House on January 8, 2025. According to its official title, it concerns: Child day-care facility investment and child day-care expense reimbursement; income tax credits. Primary sponsor: Chris Obenshain. 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.
Child day-care facility investment and child day-care expense reimbursement tax credits. Allows a taxpayer to claim a nonrefundable income tax credit for 25 percent of amounts incurred for eligible child day-care expenses of the taxpayer's employees that are either paid directly by the taxpayer or reimbursed by such taxpayer to the taxpayer's employees during the taxable year. The bill also increases from $25,000 to $50,000 the amount for which a taxpayer may claim a credit for establishing a child day-care facility for taxable years beginning on and after January 1, 2026. Finally, approval of applications for the credits shall be limited to those that are assumed to result in no more than $200,000 of credits in any fiscal year. Under current law, such limit is $100,000.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Chris Obenshain | 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 laying on the table (5-Y 2-N)
- Impact statement from TAX (HB2345)
- Assigned Finance sub: Subcommittee #2
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-08-2025 25102783D