HB 1051 Virginia House of Delegates · 2026 Regular Session

Income tax, state; real property tax relief credit.

Summary
Income tax; real property tax relief credit. Provides a refundable income tax credit in taxable years 2026 through 2030 to eligible taxpayers, defined in the bill, who incur real property taxes in an amount equal to or greater than four percent of their federal adjusted gross income for up to $500 for single individuals and $1000 for married persons filing jointly.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2026 Last action Feb 18, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
2
Committee
3
Feb 2, 2026
Lower · Passed
Subcommittee recommends laying on the table (7-Y 3-N)
lower
Feb 2, 2026
Lower · Passed
House subcommittee offered
lower
Jan 14, 2026
Committee
Referred to Committee on Finance
lower
1 primary · 30 co-sponsors

Sponsors