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

Summary

The bill eliminates the 2027 expiration of Virginia’s refundable earned income tax credit and raises the credit from 15 % to 20 % of the federal earned income tax credit. It applies to taxpayers who qualify for the federal credit, giving them a larger refundable credit on their state return. The change is intended to provide ongoing tax relief to low‑income workers.

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