New Virginia Budget Features Tax Rebates and Tax-Free Weekend

Gov. Youngkin signed a Virginia budget deal that includes tax rebates and revives a popular sales tax holiday.

picture of the front steps and front of the Virginia capitol building
(Image credit: Getty Images)

Following a six-month stalemate between Democrat and Republican lawmakers, Virginia has a new budget. The 2023 budget deal features tax cuts (mostly from new Virginia tax rebates to eligible residents) and the return of a popular sales tax holiday. 

Virginia Gov. Glenn Youngkin who signed the budget in September, expressed support. In an earlier statement, Youngkin pointed to billions in tax relief for Virginians, including education, law enforcement, and behavioral healthcare funding in the package.

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Kelley R. Taylor
Senior Tax Editor,

As the senior tax editor at, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.