Scored 4/10 on whether it helps or hurts everyday people.
The High Income Bill
Virginia bill offers tax credit for high‑income health premiums
Health Insurance Premium Stabilization Tax Credit Act; established, report.
Mixed: some good, some bad ·
If passed, the bill would give a refundable tax credit to wealthy Virginians who pay health insurance premiums.
Our take
What we think, in plain words.
The credit could lower the tax bill for rich families, but it costs the state and may reduce funds for programs that help ordinary people.
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The facts
What the bill actually says, no spin.
- The credit applies to taxpayers with income over 400% of the poverty line.
- Credit equals the sum of monthly health premium balances.
- It is refundable if it exceeds the taxpayer's tax liability.
- The State Corporation Commission will calculate and report each credit amount.
- Guidelines for the credit are exempt from the Administrative Process Act.
How they voted
The actual floor vote, and who broke from their own party.
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In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Virginia Bill Book 2026
The best and worst Virginia bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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