Bill Commons

VA HB 588

Status unknown

Income tax, state; subtractions for military benefits.

Virginia · 2026 Regular Session · lower

Quick answers

Did VA HB 588 pass?

The current status of VA HB 588 is not known from the official record. Latest recorded action (2026-02-18): Left in Finance

What is VA HB 588 about?

Individual income tax; subtractions; military benefits. Removes the cap on military benefits that may be subtracted from Virginia taxable income for taxable years beginning on and after January 1, 2026, allowing the total amount of such benefits to be subtracted from such income. Under current law, up to $40,000 of military benefits may be subtracted from Virginia taxable income.

Who sponsors VA HB 588?

Jason S. Ballard is the primary sponsor of VA HB 588, joined by 1 cosponsor.

Description

Individual income tax; subtractions; military benefits. Removes the cap on military benefits that may be subtracted from Virginia taxable income for taxable years beginning on and after January 1, 2026, allowing the total amount of such benefits to be subtracted from such income. Under current law, up to $40,000 of military benefits may be subtracted from Virginia taxable income.

Introduced
2026-01-13
Latest action
2026-02-18 — Left in Finance
Bill type
bill
Last updated
—

Sponsors

  • Jason S. Ballardprimary
  • Will Daviscosponsor

Committees

Not provided by source.

Action timeline

  1. 2026-01-13

    Prefiled and ordered printed; Offered 01-14-2026 26101424D

    filing,introduction

  2. 2026-01-13

    Referred to Committee on Finance

    referral-committee

  3. 2026-01-20

    Fiscal Impact statement From TAX (1/20/2026 11:39 am)

  4. 2026-02-02

    Subcommittee recommends laying on the table (7-Y 2-N)

  5. 2026-02-18

    Left in Finance

Versions

Documents

Votes

  • Subcommittee recommends laying on the table

    2026-02-02 · pass · 7-2

    Member-level votes (10)
    • Phil M. Hernandez: yes
    • Bonita G. Anthony: yes
    • Katrina Callsen: yes
    • Debra D. Gardner: yes
    • Michelle Lopes Maldonado: yes
    • Kimberly Pope Adams: yes
    • Gretchen M. Bulova: yes
    • Hyland F. "Buddy" Fowler, Jr.: no
    • Joseph P. McNamara: not voting
    • Will Davis: no

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/HB588

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=VA&identifier=HB 588. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

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