Virginia legislation · 2026 Regular Session
Virginia SB96: A BILL to amend the Code of Virginia by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13, relating to income tax credit; braille labeling program.
Status: Failed, March 10, 2026
Income tax credit; braille labeling program. Creates a nonrefundable individual and corporate income tax credit, as applicable, for taxable years 2026 through 2030 for up to $50,000 of expenditures incurred in the development and implementation of a braille labeling program on products, items, or packages sold in or shipped within the Commonwealth. The bill specifies that the aggregate amount of such credits allowed for all taxpayers in a taxable year is $500,000 and that any credit not usable for the taxable year in which it is first allowed shall not be carried over for credit in any succeeding taxable year.
What the bill says
To amend the Code of Virginia by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13, relating to income tax credit; braille labeling program. 1. That Code of Virginia is amended by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13 as follows: § 58.1-439.12:13. Braille labeling tax credit. A. For the purposes of this section: "Braille labeling program" means a program voluntarily developed and implemented by a business that standardizes the affixation of braille labels on products, items, or packages that are sold in or shipp.
From the amended text, January 20, 2026:
A BILL to amend the Code of Virginia by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13, relating to income tax credit; braille labeling program. 1. That Code of Virginia is amended by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13 as follows: § 58.1-439.12:13. Braille labeling tax credit. A. For the purposes of this section: "Braille labeling program" means a program voluntarily developed and implemented by a business that standardizes the affixation of braille labels on products, items, or packages that are sold in or shipped within the Commonwealth by such business. "Braille labels" means labels using the raised characters of braille code on a product, item, or package so that a person with a visual impairment can read what that product or item is. "Eligible braille labeling expenditures" means expenditures incurred in the development or implementation of a braille labeling program. B. For taxable years beginning on or after January 1, 2026, but before January 1, 2031, any business shall be allowed a nonrefundable credit against the tax levied pursuant to § 58.1-320 or 58.1-400 for eligible braille labeling expenditures incurred in a taxable year. The business shall be allowed a credit in an amount equal to the lesser of the actual amount of eligible braille …