Gov. Youngkin releases amendments to Virginia state budget, supporting over $1B in tax relief
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Gov. Glenn Youngkin announced he had made over 200 amendments and eight vetoes to the Democrat-led General Assembly's budget, but has left in the $1.1 billion in tax relief.
Among the proposed relief measures are rebate checks set to be distributed in October, with $200 for individual filers and $400 for couples.
Youngkin is also supporting a one-time 1.5% bonus for state workers, a $1,000 bonus for teachers, and an increase to the state's standard deduction by $250 for individuals and $500 for joint.
"This budget, I believe, can be a huge win for Virginians," Youngkin said in a Monday press conference. "If there is a bump in the road, we can deal with it."
While the specifics of the amendments were not available online as of Monday afternoon, Youngkin indicated he has allocated an additional $300 million to the state's rainy day fund to prepare for potential economic disruptions resulting from President Donald Trump's federal government overhaul.
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