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SB211

Income tax, state; subtraction for incentive stock options.

Status:
In Senate

Latest Action: Jan. 20, 2026
Senate: Continued to next session in Finance and Appropriations (9-Y 5-N)

Chief Patron:
Bill DeSteph (R)

Session:
2026 Regular Session

Summary

As Introduced. Income tax subtraction; incentive stock options.

Establishes an income tax subtraction for any income received as gains from exercising incentive stock options, as defined by the bill, that were previously taxed in another state.
  • Bill History

  • 01/09/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26101347D
  • 01/09/2026 - Senate: Referred to Committee on Finance and Appropriations
  • 01/17/2026 - Senate: Fiscal Impact statement From TAX (1/17/2026 9:31 am)
  • 01/20/2026 - Senate: Continued to next session in Finance and Appropriations (9-Y 5-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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