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VA HB805

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Betsy Carr

Click for details

Origin

House of Delegates

2026 Regular Regular Session

AI Summary

  • Increases the annual cap on land preservation tax credits from $75 million to $100 million beginning in calendar year 2026
  • Adjusts the new $100 million cap annually based on changes in the Consumer Price Index for all urban consumers (CPI-U)
  • Maintains the $75 million annual cap for calendar years 2015 through 2025
  • Applies to tax credits for unconditional donations of land or land interests to public or private conservation agencies for purposes including agricultural use, open space, natural resource conservation, and historic preservation

Legislative Description

Land preservation; maximum amount of increase of tax credits.

Last Action

Left in Finance

2/18/2026

Committee Referrals

Finance1/13/2026

Full Bill Text

No bill text available