Virginia 2027 Regular Session Status: In Committee

SB 694 — Income tax, state; subtractions for tips.

Last action — Continued from last session

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House of Delegates
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 24% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 14 sponsors

    1 primary, 13 co-sponsors signed on.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill allows income tax subtractions for tips received by individuals.

This legislation creates individual income tax subtractions for tip income, starting at 25% for 2026 and increasing to 50% in 2027. It aims to reduce the taxable income of individuals earning tips.

What this means for you
  • Workers: If you earn tips, this bill may reduce your taxable income, potentially lowering your tax burden.

Summary

Individual income tax subtractions; tips. Establishes an individual income tax subtraction for income attributable to tips in an amount equal to (i) 25 percent of the federal tip income deduction for taxable year 2026 and (ii) 50 percent of the federal tip income deduction in taxable year 2027 and thereafter.

Bill Text

Action History

  1. Continued from last session

  2. Continued to next session in Finance and Appropriations (9-Y 4-N)

  3. Fiscal Impact statement From TAX (1/24/2026 9:56 am)

  4. Referred to Committee on Finance and Appropriations

  5. Prefiled and ordered printed; Offered 01-14-2026 26104554D

Sponsors

Sponsorship breakdown

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1 sponsors · 13 co-sponsors · 134 not signed on

Sponsors (1)

Co-sponsors (13)

Not signed on (134)

134 members have not signed on to this bill.

Show all 134 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 694 do?
Individual income tax subtractions; tips. Establishes an individual income tax subtraction for income attributable to tips in an amount equal to (i) 25 percent of the federal tip income deduction for taxable year 2026 and (ii) 50 percent of the federal tip income deduction in taxable year 2027 and thereafter.
Who sponsors SB 694?
SB 694 is sponsored by Glen H. Sturtevant, Jr., Todd E. Pillion, Mark J. Peake, Mark D. Obenshain, Tammy Brankley Mulchi, Ryan T. McDougle, Christopher T. Head, T. Travis Hackworth, Tara A. Durant, J.D. "Danny" Diggs, Bill DeSteph, Christie New Craig, Luther Cifers, III, and Emily M. Jordan.
What is the current status of SB 694?
This bill is in committee in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.
Where can I track SB 694?
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Last checked for changes 3 months ago · updated continuously

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