SB 763

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Dec 13, 2024
  • Senate
  • House
  • Governor

Income tax deduction; tips.

Abstract

Income tax deduction; tips. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of cash tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes.

A BILL to amend and reenact ยง 58.1-322.03 of the Code of Virginia, relating to income tax deduction; tips.

Bill Sponsors (1)

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Dec 13, 2024

Senate

Prefiled and ordered printed; Offered 01-08-2025 25102293D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

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