Virginia · 2025 Regular Session · Bill
SB 763: Income tax deduction; tips.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 763 is a bill introduced in the Virginia Senate on December 13, 2024. According to its official title, it concerns: Income tax deduction; tips. Primary sponsor: Ryan McDougle (Republican). It lists 2 additional sponsors. 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.
Income tax deduction; tips. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of cash tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes.
Sponsors
Sponsors by party (alphabetical): Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ryan McDougle | Primary sponsor | Republican | Senate | 26 |
| Christie Craig | Co-sponsor | Republican | Senate | 19 |
| Mark Obenshain | Co-sponsor | Republican | Senate | 2 |
“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 (SB763)
- Referred to Committee on Finance and Appropriations
- Prefiled and ordered printed; Offered 01-08-2025 25102293D