Virginia · 2025 Regular Session · Bill
SB 1276: Labor and employment; portable benefit accounts, income tax, deduction.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1276 is a bill introduced in the Virginia Senate on January 8, 2025. According to its official title, it concerns: Labor and employment; portable benefit accounts, income tax, deduction. Primary sponsor: Bill DeSteph (Republican). Most recent recorded action (February 5, 2025): Left in Finance and Appropriations.
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.
Labor and employment; portable benefit accounts; income tax; deduction. Authorizes a Virginia resident who has worked as an independent contractor to establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, credit union, or other depository institution and distributions from the account may be used for the payment of various health-related costs. The bill also creates a temporary deduction for the amount of contributions made to a portable benefit account by an independent contractor for the 2025 and 2026 taxable years.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bill DeSteph | Primary sponsor | Republican | Senate | 20 |
“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 and Appropriations
- Impact statement from TAX (SB1276)
- Committee substitute printed 25105306D-S1
- Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (14-Y 0-N 1-A)
- Referred to Committee on Commerce and Labor
- Prefiled and ordered printed; Offered 01-08-2025 25102074D