Income tax, state; removes sunset from and makes permanent increase in refundable earned tax credit.

Earned income tax credit. Removes the sunset from and makes permanent the increase in Virginia's refundable earned income tax credit from 15 percent to 20 percent of the allowable federal earned income tax credit. Under current law, the Virginia refundable earned income tax credit expires in taxable year 2027, and Virginia's nonrefundable earned income tax credit, which has no expiration date, is equal to 20 percent of the federal credit.

Source: OpenStates · fetched February 11, 2026

• Parent / guardiandirectModerate impactMedium certainty

  via Voices for Virginia's Children

  Earned income tax credit.

• Student / education borrowerdirectModerate impactMedium certainty

  via Voices for Virginia's Children

  Earned income tax credit.