SB 143 Virginia Senate · 2026 Regular Session

Income tax, state; subtractions for income attributable to overtime.

Summary

Individual income tax subtractions; overtime. Establishes an individual income tax subtraction for income attributable to overtime in an amount equal to (i) 25 percent of the federal overtime deduction for taxable year 2026 and (ii) 50 percent of the federal overtime deduction for taxable year 2027 and thereafter.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 7, 2026 Last action Jan 20, 2026

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

4

Key actions

0

Committee

1

Jan 7, 2026

Committee

Referred to Committee on Finance and Appropriations

upper

1 primary · 14 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Glen Sturtevant