HB488
Wage garnishment; state tax debt.
Status:
Passed
Latest Action:
March 23, 2026
House: Fiscal Impact statement From TAX (3/23/2026 10:38 am)
Chief Patron:
Phil Hernandez (D)
Session:
2026 Regular Session
Summary
As Passed House of Origin. Wage garnishment; state tax debt.
Provides that the maximum part of the aggregate disposable earnings of an individual for any workweek that is subject to garnishment to collect delinquent taxes and charges owed to the state government shall not exceed the lesser of (i) 25 percent of such individual's disposable earnings for that week or ... (More) (ii) the amount by which such individual's disposable earnings exceed 40 times the federal or Virginia minimum wage, whichever is greater. The bill also directs the Department of Taxation to recognize Currently Not Collectible status granted by the Internal Revenue Service and to offer taxpayers with such status a similar Virginia status with comparable protections from collection activities. The bill contains technical amendments and has a delayed effective date of July 1, 2027. (Less)-
Bill History
- 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26105199D
- 01/12/2026 - House: Referred to Committee on Finance
- 01/23/2026 - House: Placed on Finance Agenda
- 01/25/2026 - House: Fiscal Impact statement From TAX (1/25/2026 3:47 pm)
- 01/26/2026 - House: House subcommittee offered
- 01/26/2026 - House: Subcommittee recommends reporting with substitute (10-Y 0-N)
- 01/27/2026 - House: Placed on Finance Agenda
- 01/28/2026 - House: Reported from Finance with substitute (22-Y 0-N)
- 01/29/2026 - House: Committee substitute printed 26106135D-H1
- 01/30/2026 - House: Read first time
- 02/02/2026 - House: Read second time
- 02/02/2026 - House: committee substitute agreed to
- 02/02/2026 - House: Engrossed by House - committee substitute
- 02/03/2026 - House: Read third time and passed House (98-Y 0-N 0-A)
- 02/04/2026 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/04/2026 - Senate: Referred to Committee on Finance and Appropriations
- 02/21/2026 - House: Fiscal Impact statement From TAX (2/21/2026 3:18 pm)
- 03/03/2026 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 03/03/2026 - Senate: Rules suspended
- 03/03/2026 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)
- 03/03/2026 - Senate: Passed by for the day (Voice Vote)
- 03/04/2026 - Senate: Read third time
- 03/04/2026 - Senate: Passed Senate (40-Y 0-N 0-A)
- 03/11/2026 - House: Enrolled
- 03/11/2026 - House: Bill text as passed House and Senate (HB488ER)
- 03/11/2026 - Senate: Signed by President
- 03/12/2026 - House: Signed by Speaker
- 03/14/2026 - House: Enrolled Bill communicated to Governor on March 14, 2026
- 03/14/2026 - Governor's Action Deadline 11:59 p.m., April 13, 2026
- 03/23/2026 - House: Fiscal Impact statement From TAX (3/23/2026 10:38 am)
