Legislative record

HB 243STATE · VirginiaIntroduced

Corporate welfare tax; imposes on large employers a tax equal to 100% of qualified employee benefit.

Voted 7/21/2026View source

Summary

Corporate welfare tax. Imposes on large employers, as defined in the bill, a corporate welfare tax equal to 100 percent of the qualified employee benefits received by any employees of such large employer residing in the Commonwealth. The bill directs the Department of Taxation to obtain identifying data for individuals receiving qualified federal benefits, as defined by the bill, from the Department of Social Services pursuant to an interagency agreement and to compare such data to employment rosters received quarterly from large employers to determine the amount of qualified federal benefits received by employees of such large employers. The bill also prohibits an employer, in connection with the selection or referral of applicants or candidates for employment, to make inquiries or otherwise seek information relating to whether such applicant receives qualified federal benefits.

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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. 2/11/2026Continued to next session in Finance (Voice Vote)
  3. 2/9/2026Subcommittee recommends continuing to (Voice Vote)
  4. 2/8/2026Fiscal Impact statement From TAX (2/8/2026 12:59 pm)
  5. 2/5/2026Assigned HFIN sub: Subcommittee #1
  6. 1/8/2026Referred to Committee on Finance
  7. 1/8/2026Prefiled and ordered printed; Offered 01-14-2026 26104162D