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Department of Taxation Report on the Worker Training Tax Credit, October 1, 2025

Summary

This is an October 1, 2025 memo from the Commonwealth of Virginia Department of Taxation to the Chairwoman of the Senate Finance and Appropriations Committee and the Chairwoman of the House Finance Committee. It states that, pursuant to 2019 House Bill 2539 (Chapter 189 of the 2019 Acts of Assembly), the Department of Taxation is required to report annually on the Worker Training Tax Credit. During Fiscal Year 2024, the credit was claimed on four individual and corporate income tax returns for a total amount of $129,356. The memo states that the portion of the credit for manufacturing orientation, instruction, and training expired on January 1, 2025 and the portion for eligible worker training also expired.

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“Department of Taxation Report on the Worker Training Tax Credit, October 1, 2025.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-rd592-f12a9a8a57/, SHA-256 955627eec337455a11e1f72d1959d2f4c3c861012b46f0ef56c5cb881a4652df.

Full text

                 COMMONWEALTH of VIRGINIA
                                   Departme11t of Taxation

                                       October 1, 2025

To:           The Honorable L. Louise Lucas
              Chairwoman, Senate Finance and Appropriations Committee

              The Honorable Vivian E. Watts
              Chairwoman, House Finance Committee

From:         JamesJ.Ale>!\ \ 
                                -
              State Tax Co, _,ic:J r
                           \       l

Pursuant to 2019 House Bill 2539 (Chapter 189 of the 2019 Acts of Assembly), the
Department of Taxation is required to report annually regarding the status and
implementation of the Worker Training Tax Credit.

2019 House Bill 2539 created a tax credit for businesses that provide certain training
opportunities to employees and middle school and high school students in Virginia. This
credit became effective for taxable years beginning on or after January 1, 2019. Qualifying
taxpayers may apply for credits by submitting Form WTC. Once credits have been
approved, qualifying taxpayers may claim such credits on their Virginia income tax returns.

During Fiscal Year 2024, the Worker Training Tax Credit was claimed on four individual and
corporate income tax returns for a total amount of $129,356. This reflects income tax
returns processed during Fiscal Year 2024 and does not include returns filed or processed
on or afterJuly 1, 2024.

The portion of the Worker Training Tax Credit for manufacturing orientation, instruction, and
training expired on January 1, 2025, and the portion of the credit for eligible worker training
expired on July 1 , 2025.

Please contact me if you have any questions.


C: The Honorable Stephen E. Cummings, Secretary of Finance

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