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State Government / Virginia / Legislation / SB 143

SB 143Session 2027SenateIn committee

Income tax, state; subtractions for income attributable to overtime.

Individual income tax subtractions; overtime. Establishes an individual income tax subtraction for income attributable to overtime in an amount equal to (i) 25 percent of the federal overtime deduction for taxable year 2026 and (ii) 50 percent of the federal overtime deduction for taxable year 2027 and thereafter.

Latest development · Jul 21, 2026

Continued from last session

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Source record ↗
Session
2027
Introduced
Jan 7, 2026
Latest passage
Date unavailable
TopicsSponsorsActionsDiscussion

Topics and classification

Civixly topics

Budget & Taxes

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorRyan T. McDougle
cosponsorBill DeSteph
cosponsorChristie New Craig
cosponsorChristopher T. Head
cosponsorGlen H. Sturtevant, Jr.
cosponsorJ.D. "Danny" Diggs
cosponsorLuther Cifers, III
cosponsorMark D. Obenshain
cosponsorMark J. Peake
cosponsorT. Travis Hackworth
cosponsorTammy Brankley Mulchi
cosponsorTara A. Durant
cosponsorTimmy French
cosponsorTodd E. Pillion
cosponsorWilliam M. Stanley, Jr.

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline5 actions⌄
  1. Jul 21, 2026

    Continued from last session

    Senate
  2. Jan 20, 2026

    Continued to next session in Finance and Appropriations (9-Y 5-N)

    Senate
  3. Jan 17, 2026

    Fiscal Impact statement From TAX (1/17/2026 9:40 am)

    Senate
  4. Jan 7, 2026

    Referred to Committee on Finance and Appropriations

    Referral CommitteeSenate
  5. Jan 7, 2026

    Prefiled and ordered printed; Offered 01-14-2026 26104555D

    FilingIntroductionSenate

SB 143 discussion

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State legislative data provided by Open States and linked legislature sources when available.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Jul 21, 2026.