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HB 243·VA·house

Corporate welfare tax; imposes on large employers a tax equal to 100% of qualified employee benefit.

In CommitteeFiled Jan 8, 2026
Sponsor: Cole, J.G.
Latest Action

Continued from last session

Jul 21, 2026

Summary

It creates a corporate welfare tax equal to 100% of qualified federal benefits that employees of large employers receive while living in Virginia. The Department of Taxation will use data from the Department of Social Services and quarterly employer rosters to calculate the tax, and it forbids employers from asking job applicants about those benefits. The goal is to shift the cost of these benefits onto big companies.

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