StateVirginia

SB 7: Income tax, state; standard deduction and earned income tax credit.

David SuetterleinIntroduced

SB 7 status: Introduced — Continued from last session (updated Jul 21, 2026).

1

What this bill does

Overall score

Score75/100 civic fit
RiskLow risk
ImpactHigh impact 85/100

Bill summary

Official

Income tax; standard deduction and earned income tax credit. Removes the sunset from and makes permanent the standard deduction amounts of $8,750 for single individuals and $17,500 for married individuals filing jointly. Under current law, the standard deduction is scheduled to revert to $3,000 for single individuals a...

Key analysis

Constitutionality95%
Bipartisan50%
Public opinion80%
2

Impact analysis

Environment

Mixed / Neutral
50%

Benefits

  • No direct environmental impact identified

Risks

  • No direct environmental impact identified

Economy

Positive Outlook
70%

Benefits

  • Increases household disposable income
  • Provides long-term certainty for tax planning

Risks

  • Permanently reduces state tax revenue capacity
  • May necessitate future spending cuts or revenue offsets

Society

Positive Outlook
75%

Benefits

  • Prevents a significant tax hike for low-to-middle income families
  • Makes financial assistance via EITC permanent

Risks

  • No negative social impacts identified
3

How trustworthy & consequential it is

Source

OpenStates

Confidence

low

low

Analysis status

OpenStates summary

Warning

Permanent revenue reduction may limit fiscal flexibility during economic downturns

Limitation

Analysis based on summary only

4

Where it stands

1

Introduced

Current

Continued from last session

2

Committee

Upcoming
3

Floor

Upcoming
4

Governor

Upcoming
5

Enacted

Upcoming
5

How it affects your district

Set your location

Add your district to see how this bill may affect your community and who to contact.

6

Take action

Contact your representatives

Let them know how you feel about this bill.

Share your view

Join the discussion and see what others are saying.

Track this bill

Stay updated on progress and changes.