Income tax, state; subtraction for incentive stock options.
About This Bill
Latest Action · Jul 21, 2026
Continued from last session
Session
2027
Introduced
Jan 9, 2026
Primary Sponsor
Bill DeSteph· primary
Summary
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A BILL to amend and reenact § 58.1-322.02 of the Code of Virginia, relating to income tax subtraction; incentive stock options.
Income tax subtraction; incentive stock options. Establishes an income tax subtraction for any income received as gains from exercising incentive stock options, as defined by the bill, that were previously taxed in another state.