| VA | SB6007 | Intro
Sine Die | Virginia Gaming Commerce Regulation Act established; penalties. Establishes the Virginia Gaming Commerce Regulation Act for the purpose of providing a regulatory and registration scheme for electronic gaming devices in the Commonwealth. The bill auth...
[Detail][Text][Discuss] | 2024-06-16
To Senate Commerce and Labor Committee |
| VA | SB6008 | Intro
Sine Die | General appropriation act; regulation of gaming commerce and development in the Commonwealth; penalties. Authorizes and specifies the registration and licensing requirements for the manufacture, distribution, operation, hosting, and playing of electr...
[Detail][Text][Discuss] | 2024-06-16
To Senate Finance and Appropriations Committee |
| VA | SB6004 | Intro
Sine Die | Virginia Gaming Commerce Regulation Act established; penalties. Establishes the Virginia Gaming Commerce Regulation Act for the purpose of providing a regulatory and registration scheme for electronic gaming devices in the Commonwealth. The bill auth...
[Detail][Text][Discuss] | 2024-06-15
To Senate Commerce and Labor Committee |
| VA | SB523 | Intro
Sine Die | Sales tax revenues; entertainment arena. Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in th...
[Detail][Text][Discuss] | 2024-02-14
To Senate Finance and Appropriations Committee |
| VA | SB703 | Intro
Sine Die | General appropriations and revenue of the Commonwealth. Includes digital personal property, defined in the bill, in the definition of tangible personal property for the purposes of the retail sales and use tax. Amendments are made throughout the chap...
[Detail][Text][Discuss] | 2024-02-14
To Senate Finance and Appropriations Committee |
| VA | SB307 | Intro
Sine Die | Regulation of electronic gaming devices; penalties. Authorizes and specifies the licensing requirements for the manufacture, distribution, operation, servicing, hosting, and play of electronic gaming devices, as defined in the bill. The bill provides...
[Detail][Text][Discuss] | 2024-02-14
To Senate General Laws and Technology Committee |
| VA | HB60 | Intro
Sine Die | Sales tax; school construction. Adds Prince Edward County to the list of localities that, under current law, are authorized to impose an additional local sales and use tax at a rate not to exceed one percent, with the revenue used only for capital pr...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB152 | Intro
Sine Die | Land preservation tax credit. Increases from $1 million to $1.5 million the threshold credit amount that triggers verification by the Department of Conservation and Recreation of the conservation value of a land donation. The bill exempts certain sta...
[Detail][Text][Discuss] | 2024-02-13
To House Agriculture, Chesapeake and Natural Resources Committee |
| VA | HB226 | Intro
Sine Die | Omitted taxes; installment agreements. Allows the governing body of a locality to allow its treasurer or other collecting official to enter into an installment agreement lasting up to 72 months for payment of taxes by a taxpayer who has been assessed...
[Detail][Text][Discuss] | 2024-02-13
To House Rules Committee |
| VA | HB89 | Intro
Sine Die | Taxation; rate of interest. Provides that (i) the rate of interest on omitted taxes and assessments is equal to the Underpayment Rate established by the Internal Revenue Code and (ii) the rate of interest on refunds is equal to the Overpayment Rate f...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB197 | Intro
Sine Die | Tax credit; solar energy equipment. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for individuals who incur allowable expenses, as defined in the bill, for the purchase and installation of solar energy equipment, a...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB165 | Intro
Sine Die | Income tax deduction; union dues. Provides an income tax deduction beginning in taxable year 2024 for the amount paid by an individual for union dues for participation in a labor organization.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB193 | Intro
Sine Die | Sales tax; additional local tax for schools; Stafford County. Adds Stafford County to the list of localities that are authorized to impose an additional local sales tax at a rate not to exceed one percent in order to provide revenue for the construct...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB263 | Intro
Sine Die | Sales and use tax; accommodations for transients. Provides that the term "retail sale" shall include the sale of accommodations to transients for less than 30 days. Under current law, "retail sale" includes such sales to transients for less than 90 d...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB458 | Intro
Sine Die | Additional local sales and use tax to support schools; referendum. Authorizes all counties and cities to impose an additional local sales and use tax at a rate not to exceed one percent with the revenue used only for capital projects for the construc...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB302 | Intro
Sine Die | Firearm safety device tax credit; definitions. Defines an "eligible transaction" for purposes of the firearm safety device tax credit as one in which a taxpayer purchases one or more firearm safety devices from a commercial retailer, as defined in th...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB262 | Intro
Sine Die | Classification of land and improvements for tax purposes; localities. Reclassifies improvements to real property located in any locality as a separate class of real property and authorizes any locality to impose a real property tax on improvements to...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB600 | Intro
Sine Die | Additional local sales and use tax to support schools; referendum. Authorizes all counties and cities to impose an additional local sales and use tax at a rate not to exceed one percent with the revenue used only for capital projects for the construc...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB483 | Intro
Sine Die | Income tax exclusion; veteran student loan forgiveness. Eliminates the sunset date and expands eligibility for the income tax exclusion for any income received by a disabled veteran of the Armed Forces of the United States from the discharge of feder...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB473 | Intro
Sine Die | Income tax; interest; employer retention credit. Provides authority to the Tax Commissioner to waive interest on taxpayers that received a federal employer retention tax credit. Such waiver shall only be permissible if the taxpayer was eligible for a...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB491 | Intro
Sine Die | Virginia taxable income; subtractions; volunteer firefighters and volunteer emergency medical services personnel. Provides a state income tax subtraction of $2,000 per taxable year for bona fide volunteers who perform qualifying services, defined in ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB771 | Intro
Sine Die | Content manufacturing tax credit. Removes the sunset for the motion picture tax credit, which currently is set to expire after taxable year 2026, and expands and redesignates the tax credit as the content manufacturing tax credit. The bill increases ...
[Detail][Text][Discuss] | 2024-02-13
To House Appropriations Committee |
| VA | HB551 | Intro
Sine Die | Corporate income tax; apportionment. Allows, for taxable years beginning on and after January 1, 2024, for corporations to apportion their income to the Commonwealth using the single sales factor method. The bill provides that such apportionment meth...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB541 | Intro
Sine Die | Income tax; deduction for qualified business income. Establishes, beginning with tax year 2024, an individual income tax deduction in an amount equal to 50 percent of certain federal qualified business income deductions, excluding qualified real esta...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB518 | Intro
Sine Die | Income tax; Foreign Service retirement benefits subtraction. Establishes for certain individuals receiving Foreign Service retirement benefits an income tax subtraction of such benefits up to $5,000 in taxable year 2024, up to $10,000 in taxable year...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB396 | Intro
Sine Die | Birth of dependent household member tax deduction. Allows an income tax deduction for the birth of a dependent member of a taxpayer's household that occurs during the taxable year, beginning in taxable year 2024. The bill provides that the deduction ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB387 | Intro
Sine Die | Tax credit for vehicle emissions testing equipment; certain vehicles. Allows a corporation, individual, or public service corporation a tax credit equal to 10 percent of the purchase price of a vehicle with an internal combustion engine that is princ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB660 | Intro
Sine Die | Corporate income tax; distribution of revenues; state parks. Requires five percent beginning July 1, 2024, of all corporate income tax revenues to be distributed to the State Park Conservation Resources Fund to provide (i) free entry to Virginia stat...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB549 | Intro
Sine Die | Real property taxes; notice by mail of proposed increase. Requires localities, after conducting a reassessment of real estate, to provide notice to property owners by mail of certain information prior to adopting a tax rate that would increase the am...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB384 | Intro
Sine Die | Tangible personal property tax; indoor agriculture equipment and machinery. Specifies that farm machinery, farm equipment, and farm implements used by an indoor, closed, controlled-environment commercial agricultural facility are a class of farm mach...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB616 | Intro
Sine Die | Sales tax; additional local tax for schools; City of Newport News. Adds the City of Newport News to the list of localities that are authorized to impose an additional local sales tax at a rate not to exceed one percent in order to provide revenue for...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB695 | Intro
Sine Die | Short-term rentals; registration; civil penalty. Directs the Department of Taxation to establish a registry of short-term rental properties and require accommodations providers and intermediaries to register. Under the bill, an accommodations provide...
[Detail][Text][Discuss] | 2024-02-13
To House Appropriations Committee |
| VA | HB724 | Intro
Sine Die | Personal property taxation rates; restrictions and conditions. Restricts differences in the rates of taxation of personal property for taxpayers who are elderly or handicapped to owners of motor vehicles (i) whose income does not exceed the greater o...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB854 | Intro
Sine Die | Rate of tax on gasoline and diesel fuel. Lowers the rate of tax on gasoline and diesel fuel on July 1, 2024, from 26.2 cents per gallon to 21.2 cents per gallon on gasoline and from 27 cents per gallon to 20.2 cents per gallon on diesel fuel, which a...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB810 | Intro
Sine Die | Nonfamily adoption tax credit. Creates a $4,000 nonrefundable tax credit for taxable years 2024 through 2028 for an individual or married persons who, during the taxable year, finalize a legal nonfamily adoption as defined in the bill.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB875 | Intro
Sine Die | Classification of tangible personal property; automobile assessment. Provides that, for so long as the Regulation for Low Emissions and Zero Emissions Vehicle Standards remains in effect, the fair market value of an automobile with an internal combus...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1223 | Intro
Sine Die | Land preservation tax credit; maximum amount increase. Increases from $75 million to $100 million, beginning in 2024, the maximum amount of land preservation tax credits that may be issued in a calendar year.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1183 | Intro
Sine Die | Land preservation tax credit; maximum amount increase. Increases from $75 million to $100 million, beginning in 2024, the maximum amount of land preservation tax credits that may be issued in a calendar year.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1036 | Intro
Sine Die | Local tax authority; nicotine vapor products. Authorizes localities by ordinance to impose a sales and use tax on nicotine vapor products, defined in the bill to include liquid nicotine in closed and open systems, as such terms are defined in the bil...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1159 | Intro
Sine Die | Individual income tax; distribution of revenues; local school construction. Requires distribution of one percent of the individual income tax revenues collected from residents of a locality to be distributed to that locality. The bill requires such f...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB973 | Intro
Sine Die | Tangible personal property tax; classification; satellite equipment. Restricts the special classification for tangible personal property that is used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement D...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1407 | Intro
Sine Die | Income tax subtraction; military retirement benefits; uniformed services. Expands the definition of "military benefits" to include an income tax subtraction of retirement income received for service in the uniformed services of the United States, whi...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1160 | Intro
Sine Die | Portable benefit accounts; tax credit. Authorizes a Virginia resident who has worked as an independent contractor to establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, credit u...
[Detail][Text][Discuss] | 2024-02-13
To House Appropriations Committee |
| VA | HB1156 | Intro
Sine Die | Real property tax; permanent and total disability; definition. Amends the definition of "permanently and totally disabled" for the purposes of real property tax exemptions to include those individuals who are blind or have uncorrectable vision loss t...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1180 | Intro
Sine Die | Tax credit; eligible education expenses; home instruction and private education. Creates a tax credit for taxable years 2024 through 2028 that may be claimed by any parent of a child who receives home instruction or attends a private elementary or se...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1004 | Intro
Sine Die | Real property tax; notice of summary budget. Directs the governing body of every locality to send by mail, along with the annual property tax bill, a summary of the locality's budget for each of the two previous fiscal years. If the property tax bill...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1137 | Intro
Sine Die | Virginia income tax subtractions; disability income. Allows an individual who claims an income tax subtraction for disability income to also claim an income tax deduction for taxpayers age 65 and older.
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1262 | Intro
Sine Die | Local sales tax entitlement; blighted retail district. Entitles a blighted retail district in Stafford County that undergoes a major reconstruction or renovation involving a capital investment of at least $15 million to the one percent local sales ta...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB1045 | Intro
Sine Die | Elections; campaign finance; Public Campaigns Program and Fund established; tax check-off. Establishes the Public Campaigns Program within the Department of Elections for the purpose of providing matching payments of public money to participating can...
[Detail][Text][Discuss] | 2024-02-13
To House Appropriations Committee |
| VA | HB1308 | Intro
Sine Die | Tangible personal property tax relief; rate of taxation. Removes the $950 million cap, beginning in tax year 2025 and all tax years thereafter, on the amount of tangible personal property tax relief reimbursed to localities by the Commonwealth. The b...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
