SB 380 Virginia Senate · 2026 Regular Session

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

Summary
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 2026.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Feb 3, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 13, 2026
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jennifer Boysko
Jennifer Boysko
DDemocratic
VA
38