Virginia bills · 2026 Regular Session
Virginia HB 1211
Income tax, state; first-time homebuyer tax credit.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Briana D. Sewell (Democratic)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS INTRODUCED
Individual income tax; first-time homebuyer tax credit. Creates a one-time, nonrefundable individual income tax credit in taxable years 2026 through 2030 for the purchase of a principal residence by a first-time homebuyer, as such terms are defined in the bill, in an amount equal to $5,000. The bill requires that any credits be repaid if the principal residence is sold or no longer serves as the first-time homebuyer's principal residence within three years from the purchase date of such property.
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 4:04 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 2, 2026 House | Subcommittee recommends laying on the table | pass | Set your home in Virginia to see |
Actions
- Feb 18, 2026 · House
Left in Finance - Feb 2, 2026 · House
Subcommittee recommends laying on the table (7-Y 3-N) - Jan 28, 2026 · House
Fiscal Impact statement From TAX (1/28/2026 9:17 am) - Jan 14, 2026 · House
Referred to Committee on Finance - Jan 14, 2026 · House
Prefiled and ordered printed; Offered 01-14-2026 26105125D