VA HB1454

Allows Virginia taxpayers to subtract Segal AmeriCorps Education Award income from their state taxable income, effective for taxable years beginning on or after January 1, 2026

Amends Virginia Code § 58.1-322.02 to add this new subtraction to the existing list of income items that can be excluded when calculating Virginia taxable income

Specifically excludes the Silver Scholar education award and the Summer of Service education award from the subtraction—only the standard Segal AmeriCorps Education Award qualifies

The Segal AmeriCorps Education Award is a federal benefit provided to AmeriCorps members who complete their service term, used to pay for education expenses or repay student loans

Introduced by Delegate Bulova on January 23, 2026, with committee referral pending