SB747 — Income tax, state; first-time homebuyer tax credit.

SB747 — Income tax, state; first-time homebuyer tax credit. · Informed CitizenryThis bill creates a one-time, nonrefundable tax credit of $5,000 for first-time homebuyers in Virginia for taxable years beginning between January 1, 2026, and January 1, 2031. To qualify, an indiv…Open in Informed Citizenry