SB696 — Income tax, corporate; reduction of rate.
Last action — Passed by indefinitely in Finance and Appropriations (9-Y 4-N)
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House of Delegates
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5To Executive
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6Enacted
This bill has passed the Senate. Introduced January 14, 2026. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the House of Delegates.
Prognosis
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Passed Senate
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 1 recorded vote so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Income tax, corporate; reduction of rate.
Bill Text
We don't have the full text on file for this bill yet.
Read SB696 on the official Virginia source →Action History
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S Passed by indefinitely in Finance and Appropriations (9-Y 4-N)
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S Fiscal Impact statement From TAX (1/26/2026 10:52 am)
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S Referred to Committee on Finance and Appropriations
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S Prefiled and ordered printed; Offered 01-14-2026 26103137D
Sponsors
- Emily M. Jordan · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on · 4 voted No
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 4 | 0 | 2 |
| Total | 9 | 4 | 0 | 2 |
| % of votes cast | 60% | 27% | 0% | 13% |
How each member voted (15)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Adam P. Ebbin | — | Yea |
| Barbara A. Favola | — | Yea |
| Bryce E. Reeves | — | Not Voting |
| David W. Marsden | — | Not Voting |
| Jennifer B. Boysko | — | Yea |
| Jeremy S. McPike | — | Yea |
| L. Louise Lucas | — | Yea |
| Mamie E. Locke | — | Yea |
| Mark D. Obenshain | — | Nay |
| R. Creigh Deeds | — | Yea |
| Richard H. Stuart | — | Nay |
| Ryan T. McDougle | — | Nay |
| Scott A. Surovell | — | Yea |
| Todd E. Pillion | — | Nay |
Subjects
Frequently asked questions
- What does SB696 do?
- Income tax, corporate; reduction of rate.
- Who sponsors SB696?
- SB696 is sponsored by Emily M. Jordan.
- What is the current status of SB696?
- This bill has passed the Senate. Introduced January 14, 2026. It now moves to the second chamber.
- Where can I track SB696?
- Track SB696 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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