HB 760 Virginia House of Delegates · 2026 Regular Session

Income tax, state; energy-efficient homes tax credits.

Summary
Income tax; energy-efficient homes tax credits. Authorizes a nonrefundable income tax credit, during taxable years 2026 through 2030, in an amount equal to $2,500 for the construction of an energy-efficient home or $1,000 for the purchase of such home. The bill also authorizes a nonrefundable income tax credit, during taxable years 2026 through 2030, in an amount equal to $5,000 for the construction of an extra-efficient home or $2,000 for the purchase of such home. The bill clarifies that either an eligible contractor or an eligible purchaser, but not both, shall be able to claim the credit for any single energy-efficient or extra-efficient home, as applicable, and establishes a maximum credit amount that an eligible purchaser or eligible contractor may claim per taxable year of $250,000.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Feb 18, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

Finance Substitute Subcommittee #1 Subcommittee Substitute · 2 edits
MINOR
The bill underwent formatting and layout changes during committee review, with no substantive policy modifications to the tax credit provisions. The core provisions regarding energy-efficient home tax credits, eligibility criteria, credit amounts, and reporting requirements remain unchanged.
TECHNICAL

Formatting and layout changes including removal of date header, addition of page numbers, and reorganization of text spacing throughout the document.

Line breaks and paragraph spacing were adjusted for committee markup purposes without altering the legislative content.

Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
9
Key actions
3
Committee
5
Feb 9, 2026
Lower · Passed
Subcommittee recommends laying on the table (8-Y 3-N)
lower
Feb 9, 2026
Lower · Passed
House subcommittee offered
lower
Feb 6, 2026
Committee
Assigned HFIN sub: Subcommittee #1
lower
Feb 1, 2026
Lower · Passed
House subcommittee offered
lower
Jan 13, 2026
Committee
Referred to Committee on Finance
lower
1 primary · 1 co-sponsor

Sponsors