Virginia bills · 2026 Regular Session
Virginia HB 378
Net investment income tax; imposes a tax on individuals, trusts, and estates.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Elizabeth B. Bennett-Parker (Democratic)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS INTRODUCED
Net investment income tax. Imposes a net investment income tax on individuals, trusts, and estates beginning in taxable year 2027. The tax is generally equal to 3.8 percent of the lesser of (i) net investment income, defined in the bill, for the taxable year or (ii) federal modified adjusted gross income, defined in the bill, for such taxable year reduced by $500,000.
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 8:06 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 (10-Y 0-N) - Feb 2, 2026 · House
House subcommittee offered - Feb 1, 2026 · House
Fiscal Impact statement From TAX (2/1/2026 10:04 am) - Jan 12, 2026 · House
Referred to Committee on Finance - Jan 12, 2026 · House
Prefiled and ordered printed; Offered 01-14-2026 26103780D