Virginia · 2026 Regular Session · Bill
HB 372: Income tax, state; removes sunset from and makes permanent increase in refundable earned 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 372 is a bill introduced in the Virginia House on January 12, 2026. According to its official title, it concerns: Income tax, state; removes sunset from and makes permanent increase in refundable earned tax credit. Primary sponsor: Cia Price (Democratic). It lists 19 additional sponsors. Most recent recorded action (February 11, 2026): Continued to next session in Finance (Voice Vote).
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.
Earned income tax credit. Removes the sunset from and makes permanent the increase in Virginia's refundable earned income tax credit from 15 percent to 20 percent of the allowable federal earned income tax credit. Under current law, the Virginia refundable earned income tax credit expires in taxable year 2027, and Virginia's nonrefundable earned income tax credit, which has no expiration date, is equal to 20 percent of the federal credit.
Sponsors
Sponsors by party (alphabetical): Democratic 16
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Cia Price | Primary sponsor | Democratic | House | 85 |
| Jessica L. Anderson | Co-sponsor | Not applicable (committee) | — | — |
| Bonita Anthony | Co-sponsor | Democratic | House | 92 |
| Lamont Bagby | Co-sponsor | Democratic | Senate | 14 |
| Elizabeth Bennett-Parker | Co-sponsor | Democratic | Senate | 39 |
| Karen R. "Kacey" Carnegie | Co-sponsor | Not applicable (committee) | — | — |
| Betsy Carr | Co-sponsor | Democratic | House | 78 |
| Nadarius Clark | Co-sponsor | Democratic | House | 84 |
| Nicole Cole | Co-sponsor | Democratic | House | 66 |
| Josh Cole | Co-sponsor | Democratic | House | 65 |
| Debra Gardner | Co-sponsor | Democratic | House | 76 |
| Liz Guzmán | Co-sponsor | Democratic | House | 22 |
| J.R. Henson | Co-sponsor | Democratic | House | 19 |
| Patrick Hope | Co-sponsor | Democratic | House | 1 |
| Paul Krizek | Co-sponsor | Democratic | House | 16 |
| Michelle Lopes Maldonado | Co-sponsor | Not applicable (committee) | — | — |
| Sam Rasoul | Co-sponsor | Democratic | House | 38 |
| Charlie Schmidt | Co-sponsor | Not applicable (committee) | — | — |
| Irene Shin | Co-sponsor | Democratic | House | 8 |
| Shelly Simonds | Co-sponsor | Democratic | House | 70 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Continued to next session in Finance (Voice Vote)
- Subcommittee recommends continuing to (Voice Vote)
- Assigned HFIN sub: Subcommittee #3
- Fiscal Impact statement From TAX (1/18/2026 5:51 pm)
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-14-2026 26102368D