States / Virginia / HB 1155

HB 1155 In Committee

Income tax, state and corporate; subtraction for broad band grant fund awards.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Income tax subtraction; broadband grant fund awards. Establishes an individual and corporate income tax subtraction for any amount of public grant awards received in the taxable year for the exclusive purpose of planning, constructing, expanding, or improving upon broadband infrastructure and services in the Commonwealth beginning in taxable year 2025.

Chamber
House
Introduced
Jan 14, 2026
Last action
Feb 18, 2026 — Left in Finance
Session
2026
Momentum
29 · Low