Parents of stillborn child; establishes a refundable income tax credit.

Bill Summary:

Tax credit for parents of stillborn child.
Establishes a refundable income tax credit for individual filers
or married persons filing jointly for taxable years on and after
January 1, 2022, but before January 1, 2027, in an amount equal to
$2,000 for each birth for which a Virginia certificate of birth resulting
in stillbirth has been issued. The credit may be claimed only in
the taxable year in which the stillbirth occurred and only if the
child would have become a dependent of the taxpayer.

Bill Patron: Head

Last Action(s):
(House) Left in Finance February 15, 2022

Bill Status: