Virginia · 2026 Regular Session · Bill
HB 760: Income tax, state; energy-efficient homes 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 760 is a bill introduced in the Virginia House on January 13, 2026. According to its official title, it concerns: Income tax, state; energy-efficient homes tax credits. Primary sponsor: Chris Runion (Republican). It lists 2 additional sponsors. 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; energy-efficient homes tax credits. Authorizes a nonrefundable income tax credit, during taxable years 2026 through 2030, in an amount equal to $2,500 for the construction of an energy-efficient home or $1,000 for the purchase of such home. The bill also authorizes a nonrefundable income tax credit, during taxable years 2026 through 2030, in an amount equal to $5,000 for the construction of an extra-efficient home or $2,000 for the purchase of such home. The bill clarifies that either an eligible contractor or an eligible purchaser, but not both, shall be able to claim the credit for any single energy-efficient or extra-efficient home, as applicable, and establishes a maximum credit amount that an eligible purchaser or eligible contractor may claim per taxable year of $250,000.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Chris Runion | Primary sponsor | Republican | House | 35 |
| Ellen H. McLaughlin | Co-sponsor | Not applicable (committee) | — | — |
| Irene Shin | Co-sponsor | Democratic | House | 8 |
“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 (8-Y 3-N)
- House subcommittee offered
- House subcommittee offered
- Assigned HFIN sub: Subcommittee #1
- Fiscal Impact statement From TAX (2/4/2026 1:33 pm)
- Fiscal Impact statement From TAX (2/1/2026 3:19 pm)
- House subcommittee offered
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-14-2026 26102953D