Income tax, corporate; reduction of rate.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 4 Sponsors

Introduced — · 222 words Open full page ↗

2026 SESSION

INTRODUCED

26103137D

SENATE BILL NO. 696

Offered January 14, 2026

Prefiled January 14, 2026

A BILL to amend and reenact § 58.1-400 of the Code of Virginia, relating to corporate income tax rate.

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Patron—Jordan

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Referred to Committee on Finance and Appropriations

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PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 27%, measured from VA's completed sessions
Momentum -5 28/100 from the pace of recorded action
Time since last action -22 255 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.