Virginia · 2026 Regular Session · Bill
HB 458: Income tax, corporate and state; subtraction for broadband grant fund awards.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 458 is a bill introduced in the Virginia House on January 12, 2026. According to its official title, it concerns: Income tax, corporate and state; subtraction for broadband grant fund awards. Primary sponsor: Paul Krizek (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.
Income tax subtraction; broadband grant fund awards. Establishes an individual and corporate income tax subtraction for any amount of public grant awards received in the taxable year for the exclusive purpose of planning, constructing, expanding, or improving upon broadband infrastructure and services in the Commonwealth beginning in taxable year 2026.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Paul Krizek | Primary sponsor | Democratic | House | 16 |
“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 (7-Y 3-N)
- Fiscal Impact statement From TAX (1/23/2026 6:27 pm)
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-14-2026 26105230D