HB1155
Income tax, state and corporate; subtraction for broad band grant fund awards.
Status:
In House
Latest Action:
Feb. 2, 2026
House: Subcommittee recommends striking from the docket (8-Y 0-N)
Chief Patron:
Keith Hodges (R)
Session:
2026 Regular Session
Summary
As Introduced. Income tax subtraction; broadband grant fund awards.
Establishes an individual and corporate income tax subtraction for any amount of public grant awards received in the taxable year for the exclusive purpose of planning, constructing, expanding, or improving upon broadband infrastructure and services in the Commonwealth beginning in taxable year 2025.-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26105225D
- 01/14/2026 - House: Referred to Committee on Finance
- 01/24/2026 - House: Fiscal Impact statement From TAX (1/24/2026 4:41 pm)
- 01/30/2026 - House: Placed on Finance Agenda
- 01/31/2026 - House: Fiscal Impact statement From TAX (1/31/2026 8:01 pm)
- 02/01/2026 - House: Placed on Finance Agenda
- 02/02/2026 - House: Subcommittee recommends striking from the docket (8-Y 0-N)
