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

Summary

HB 372 would eliminate the sunset provision on the recent increase to Virginia’s refundable earned tax credit, making the higher credit permanent. The change would affect low‑income Virginians who claim the credit by providing ongoing tax relief. The bill is currently referred to committee after being continued from the previous session.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share