Bill Text: VA SB194 | 2024 | Regular Session | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: Tangible personal property tax; classification of certain vehicles, removes sunset date.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2024-04-08 - Governor: Acts of Assembly Chapter text (CHAP0665) [SB194 Detail]

Download: Virginia-2024-SB194-Comm_Sub.html

---

24107712D
SENATE BILL NO. 194 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the House Committee on Finance on February 14, 2024) (Patron Prior to Substitute--Senator VanValkenburg) A BILL to amend and reenact the second enactment of Chapter 30 and the second enactment of Chapter 578 of the Acts of Assembly of 2022, relating to tangible personal property tax; classification; certain vehicles.

Be it enacted by the General Assembly of Virginia:

1. That the second enactment of Chapter 30 and the second enactment of Chapter 578 of the Acts of Assembly of 2022 are amended and reenacted as follows:

2. That the provisions of this act shall apply to taxable years beginning on or after January 1, 2022, but before January 1, 2025.