States / Virginia / HB 12

HB 12 In Committee

Income tax, state; standard deduction.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Income tax; standard deduction. Removes the sunset from and makes permanent the enhanced standard deduction amounts of $8,750 for single individuals and $17,500 for married individuals filing jointly. Under current law, the standard deduction is scheduled to revert to $3,000 for single individuals and $6,000 for married individuals filing jointly after taxable year 2026.

Chamber
House
Introduced
Dec 19, 2025
Last action
Feb 18, 2026 — Left in Finance
Session
2026
Momentum
47 · Moderate