Virginia Subject | Taxation

Filter View [Reset All]
Syndicate content
StanceStateBillStatusSummary/TitleLast Actionsort icon
VASB1252PassSunset of coal tax credits. Sunsets the Coal Employment and Production Incentive Tax Credit and Coalfield Employment Enhancement Tax Credit after tax year 2021 and prohibits the allocation of such credits on and after January 1, 2022. The bill provid...
[Detail][Text][Discuss]
2021-04-15
Governor: Acts of Assembly Chapter text (CHAP0554)
VAHB1899PassSunset of coal tax credits. Sunsets the Coal Employment and Production Incentive Tax Credit and Coalfield Employment Enhancement Tax Credit after tax year 2021 and prohibits the allocation of such credits on and after January 1, 2022. The bill provid...
[Detail][Text][Discuss]
2021-04-15
Governor: Acts of Assembly Chapter text (CHAP0553)
VAHB1999PassTax Commissioner; waiver of accrual of interest in the event that the Governor declares a state of emergency; emergency. Authorizes the Tax Commissioner to waive interest for any class of taxpayers when he finds that imposing interest has caused, or ...
[Detail][Text][Discuss]
2021-04-07
Governor: Acts of Assembly Chapter text (CHAP0536)
VASB1197PassVirginia housing opportunity tax credit. Establishes, for taxable years 2021 through 2025, a Virginia housing opportunity tax credit, which is equal to the amount of the federal low-income housing tax credit allocated or allowed by the Virginia Housi...
[Detail][Text][Discuss]
2021-03-31
Governor: Acts of Assembly Chapter text (CHAP0495)
VAHB2059PassDelinquent returns; enforcement; when approval required. Requires the Department of Taxation to request taxpayers who have failed to file tax returns when due to prepare and file such returns except where there is an indication that the taxpayer will...
[Detail][Text][Discuss]
2021-03-30
Governor: Acts of Assembly Chapter text (CHAP0413)
VAHB2293PassLocal gas severance tax; sunset date. Extends the sunset date from January 1, 2022, to January 1, 2024, for authority to impose an additional local gas severance tax that is dedicated to (i) the local Coal and Gas Road Improvement Fund; (ii) the Virg...
[Detail][Text][Discuss]
2021-03-30
Governor: Acts of Assembly Chapter text (CHAP0430)
VAHB1969PassAdministration of blighted and derelict properties in certain localities. Modifies the definition of "qualifying locality" to include any locality with a score of 100 or higher on the fiscal stress index, as published by the Department of Housing and...
[Detail][Text][Discuss]
2021-03-30
Governor: Acts of Assembly Chapter text (CHAP0408)
VAHB2060PassOnline portal for tax practitioners analysis. Directs the Department of Taxation to analyze the prospect of establishing an online portal allowing access to taxpayer information for tax practitioners who possess a valid Power of Attorney and Declarat...
[Detail][Text][Discuss]
2021-03-30
Governor: Acts of Assembly Chapter text (CHAP0414)
VAHB2269PassRevenue share for solar energy projects and energy storage systems. Allows localities to assess a revenue share of up to $1,400 per megawatt on energy storage systems. The bill provides that on July 1, 2026, and every five years thereafter, the maxim...
[Detail][Text][Discuss]
2021-03-30
Governor: Acts of Assembly Chapter text (CHAP0429)
VAHB1847PassSports betting. Directs the Virginia Lottery (the Lottery) in issuing permits to operate sports betting platforms to give substantial and preferred consideration to any applicant that provides any of the following: (i) a description of any equity int...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0351)
VASB1158PassPort of Virginia tax credits; sunset. Extends the sunset for the international trade facility tax credit, the barge and rail usage tax credit, and the port volume increase tax credit from taxable years before January 1, 2022, to taxable years before ...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0373)
VAHB1774PassTangible personal property taxes; classification of certain motor vehicles, trailers, and semitrailers. Provides that the separate class of property for rate purposes that includes motor vehicles, trailers, and semitrailers with a gross vehicle weigh...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0347)
VASB1471PassAlcoholic beverage control; designated outdoor refreshment area license. Renames the "local special events" license as the "designated outdoor refreshment area" license. The bill allows the Board of Directors of the Virginia Alcoholic Beverage Contro...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0391)
VASB1254PassSports betting. Directs the Virginia Lottery (the Lottery) in issuing permits to operate sports betting platforms to give substantial and preferred consideration to any applicant that provides any of the following: (i) a description of any equity int...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0352)
VASB1398PassRetail sales and transient occupancy taxes on room rentals. Provides that retail sales and hotel taxes on transient room rentals shall be computed on the basis of the total charges or the total price paid for the use or possession of the room. For th...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0383)
VAHB2266PassAlcoholic beverage control; designated outdoor refreshment area license. Renames the "local special events" license as the "designated outdoor refreshment area" license. The bill allows the Board of Directors of the Virginia Alcoholic Beverage Contro...
[Detail][Text][Discuss]
2021-03-25
Governor: Acts of Assembly Chapter text (CHAP0390)
VASB1163PassTax credits of agricultural equipment. Establishes for taxable years 2021 through 2025 a refundable individual and corporate income tax credit for 25 percent of expenditures, up to a maximum of $17,500, made for the purchase of conservation tillage a...
[Detail][Text][Discuss]
2021-03-18
Governor: Acts of Assembly Chapter text (CHAP0272)
VAHB1751PassExcise tax on peanuts. Extends from July 1, 2021, to July 1, 2026, the sunset date of the excise tax on all peanuts grown in Virginia and reduces from $0.30 per 100 pounds to $0.25 per 100 pounds the excise tax rate. The proceeds from this tax are us...
[Detail][Text][Discuss]
2021-03-18
Governor: Acts of Assembly Chapter text (CHAP0120)
VAHB1884PassFacilitated enrollment program. Directs the Department of Taxation to include space on the appropriate individual income tax forms for voluntary inclusion of personal and contact information. Such information may be shared with the Department of Medi...
[Detail][Text][Discuss]
2021-03-18
Governor: Acts of Assembly Chapter text (CHAP0162)
VASB1411PassExcise tax on peanuts. Extends from July 1, 2021, to July 1, 2026, the sunset date of the excise tax on all peanuts grown in Virginia and reduces from $0.30 per 100 pounds to $0.25 per 100 pounds the excise tax rate. The proceeds from this tax are us...
[Detail][Text][Discuss]
2021-03-18
Governor: Acts of Assembly Chapter text (CHAP0121)
VASB1130PassPersonal property tax exemption; motor vehicle of a disabled veteran. Provides that one motor vehicle of a veteran who has a 100 percent service-connected, permanent, and total disability shall be exempt from local taxes. This bill is the enabling le...
[Detail][Text][Discuss]
2021-03-18
Governor: Acts of Assembly Chapter text (CHAP0156)
VASB1146PassConformity of the Commonwealth's taxation system with the Internal Revenue Code. Advances Virginia's date of conformity with the Internal Revenue Code from December 31, 2019, to December 31, 2020. The bill deconforms from the suspension of the overal...
[Detail][Text][Discuss]
2021-03-15
Governor: Acts of Assembly Chapter text (CHAP0118)
VAHB1935PassConformity of the Commonwealth's taxation system with the Internal Revenue Code; emergency. Advances Virginia's date of conformity with the Internal Revenue Code from December 31, 2019, to December 31, 2020. The bill deconforms from the suspension of...
[Detail][Text][Discuss]
2021-03-15
Governor: Acts of Assembly Chapter text (CHAP0117)
VAHB2165PassSale of land for delinquent taxes. Extends from 36 to 60 months the time period for which a local tax official may suspend an action for the sale of tax delinquent property, which under current law is authorized if the owner enters into an agreement ...
[Detail][Text][Discuss]
2021-03-12
Governor: Acts of Assembly Chapter text (CHAP0116)
VASB1162PassTax credit; agricultural best management practices. Creates an enhanced individual and corporate income tax credit for taxable years 2021 through 2024 for the implementation of certain agricultural best management practices by the taxpayer that are r...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0040)
VASB1438PassCombined transient occupancy and food and beverage tax; technical amendments. Provides that, for purposes of the combined transient occupancy and food and beverage tax that is currently authorized for Rappahannock and Madison Counties, the rate limit...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0062)
VAHB1916PassResearch and development tax credits. Provides that the research and development expenses tax credit and the major research and development expenses tax credit shall be available against the bank franchise tax for taxable years beginning on and after...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0047)
VAHB1763PassTax credit; agricultural best management practices. Creates an enhanced individual and corporate income tax credit for taxable years 2021 through 2024 for the implementation of certain agricultural best management practices by the taxpayer that are r...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0039)
VASB1326PassLocal cigarette taxes; regional cigarette tax boards. States that it is the policy of the Commonwealth, where practical, to encourage local cigarette stamping and tax collection to be accomplished through regional cigarette tax boards, defined in the...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0061)
VASB1112PassResearch and development tax credits. Provides that the research and development expenses tax credit and the major research and development expenses tax credit shall be available against the bank franchise tax for taxable years beginning on and after...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0048)
VASB1403PassSales tax; exemption for personal protective equipment; emergency. Establishes a retail sales and use tax exemption for personal protective equipment, defined in the bill. The exemption is available to any business that has in place a COVID-19 safety...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0056)
VAHB2006PassTax exemptions for energy storage systems. Declares that energy storage systems are included in the definition of certified pollution control equipment and facilities, making energy storage systems exempt from state and local taxation. The bill defin...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0049)
VAHB2185PassSales tax; exemption for personal protective equipment; emergency. Establishes a retail sales and use tax exemption for personal protective equipment, defined in the bill. The exemption is available to any business that has in place a COVID-19 safety...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0055)
VASB1201PassTax exemptions for energy storage systems. Declares that energy storage systems are included in the definition of certified pollution control equipment and facilities, making energy storage systems exempt from state and local taxation. The bill defin...
[Detail][Text][Discuss]
2021-03-11
Governor: Acts of Assembly Chapter text (CHAP0050)
VASB1170Engross

Sine Die
Additional local sales and use tax to support schools. Adds Isle of Wight 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 u...
[Detail][Text][Discuss]
2021-03-01
To House Finance Committee
VASB1425Engross

Sine Die
Sales and use tax exemption for data centers. Provides that if a data center operator qualifies for the exemption in one locality and seeks to qualify in another, it shall be required to meet a reduced job creation requirement of 25 jobs for purposes...
[Detail][Text][Discuss]
2021-03-01
To House Finance Committee
VASB1380Engross

Sine Die
Electric utilities; electric school bus projects; report. Authorizes electric utilities to partner with school divisions to implement projects designed to encourage the proliferation of school buses that are fueled in whole or in part by electricity,...
[Detail][Text][Discuss]
2021-03-01
Failed to pass
VAHB1812PassCasino gaming; technical amendments. Makes technical amendments to the casino gaming law related to its interaction with sports betting law, the capital investment required of an applicant for a license, authorized closed meetings under the Virginia ...
[Detail][Text][Discuss]
2021-02-25
Governor: Acts of Assembly Chapter text (CHAP0007)
VAHB1944PassCasino gaming; requirements for issuance of operator's license; human trafficking training. Requires applicants for operator's licenses to have established a policy requiring all license and permit holders who interact directly with the public in the...
[Detail][Text][Discuss]
2021-02-25
Governor: Acts of Assembly Chapter text (CHAP0015)
VAHJR563PassWork group; feasibility of transitioning to a unitary combined reporting system for corporate income tax purposes. Directs the Division of Legislative Services, in conjunction with the Department of Taxation, to establish a work group to assess the f...
[Detail][Text][Discuss]
2021-02-23
Agreed to by Senate by voice vote
VAHB2337Engross

Sine Die
Income tax; subtraction for low-income military veterans with a permanent service-connected disability. Provides an income tax subtraction for the military retirement income received by a veteran who has been rated with a 100 percent service-connecte...
[Detail][Text][Discuss]
2021-02-23
To Senate Finance and Appropriations Committee
VAHJR567PassStudy; JLARC; increasing the progressivity of Virginia's individual income tax system; report. Directs the Joint Legislative Audit and Review Commission to study increasing the progressivity of Virginia's individual income tax system to make it more ...
[Detail][Text][Discuss]
2021-02-16
Bill text as passed House and Senate (HJ567ER)
Syndicate content
feedback