Virginia Senate Bill 380: Income tax, corporate and state; subtraction for broadband grant fund awards.

Virginia · 2026 Regular Session

What it does

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 2026.

Latest action

Continued to next session in Finance and Appropriations (15-Y 0-N) (2026-02-03)

See how SB 380 affects you on CapitolKey

Browse more bills · CapitolKey home