Income tax, state; removes sunset for standard deduction and earned income tax credit.

This legislation provides permanent tax relief for Virginia families by removing the expiration dates on two key tax benefits. Under this measure, the state’s standard deduction will remain at its current, higher level indefinitely rather than reverting to previous limits. Additionally, the policy secures the future of the state’s Earned Income Tax Credit, ensuring that low-to-moderate income households can continue to claim this credit on their annual returns. By codifying these tax provisions permanently, the bill aims to reduce the annual tax burden for many Arlington residents and provide long-term financial predictability for families across the Commonwealth. This shift prevents an automatic tax increase that would have otherwise triggered when the previous temporary provisions were set to expire.