Legislative record

SB 702STATE · VirginiaIntroduced

Income tax, state; brackets, deductions, and exemptions, inflation indexing.

Voted 7/21/2026View source

Summary

Individual income tax; brackets, deductions, and exemptions; inflation indexing. Adjusts annually the amount of the income tax brackets, standard deduction, personal and other individual exemptions and deductions, and filing threshold to the annual change in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). The bill directs the Department of Taxation to annually publish on its website the individual income tax inflation adjustments. This bill contains technical amendments.

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Bill text

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Roll-call record

How representatives voted

0 yea·0 nay

No roll-call votes recorded for this bill yet.

Docket history

Action history

  1. 7/21/2026Continued from last session
  2. 2/5/2026Continued to next session in Finance and Appropriations (10-Y 5-N)
  3. 2/2/2026Fiscal Impact statement From TAX (2/2/2026 6:40 pm)
  4. 1/14/2026Referred to Committee on Finance and Appropriations
  5. 1/14/2026Prefiled and ordered printed; Offered 01-14-2026 26104185D