| VA | HB116 | Intro
25% | Sales and use tax exemption; data centers. Requires data center operators to meet certain energy efficiency standards in order to be eligible for the sales and use tax exemption for data center purchases. Under the bill, a data center operator shall ...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB240 | Intro
25% | Income tax; contributions to Virginia College Savings Plan Income tax; contributions to Virginia College Savings Plan accounts; report. Increases the maximum individual income tax deduction for amounts paid or contributed to a prepaid tuition contrac...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB540 | Intro
25% | Sales tax; exemption for food purchased for human consumption and essential personal hygiene products. Provides an exemption from local sales and use tax beginning July 1, 2024, for food purchased for human consumption and essential personal hygiene ...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB552 | Intro
25% | Corporate income tax; sourcing of sales other than sales of tangible personal property. Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia beginning with taxable ye...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB621 | Intro
25% | Earned income tax credit. Allows eligible low-income taxpayers to claim a refundable income tax credit equal to 20 percent of the federal earned income tax credit claimed that year by the taxpayer for the same taxable year. The bill also states that ...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB865 | Intro
25% | Imposition of income tax. Establishes a new income tax bracket beginning on and after January 1, 2024, that taxes income in excess of $1 million at a rate of 10 percent. The bill provides that 50 percent of revenues generated by the new tax bracket w...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB887 | Intro
25% | Income taxes. Creates a new income tax bracket for taxable years beginning on and after January 1, 2024, for income in excess of $600,000, which is to be taxed at seven percent. The bill also creates two new tax credits: a child and dependent care ta...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB889 | Intro
25% | Sales and use tax on services. Levies the retail sales and use tax on the following services: admissions; charges for recreation, fitness, or sports facilities; nonmedical personal services or counseling; dry cleaning and laundry services; companion ...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB969 | Intro
25% | Child tax credit. Creates a tax credit for taxable years 2024 through 2028 for individuals whose households include dependents younger than the age of 18. The bill provides that the amount of the credit will be equal to $500 for each such dependent f...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1305 | Intro
25% | Virginia College Savings Plan; Virginia College Opportunity Endowment and Fund. Directs the board of the Virginia College Savings Plan to deposit $250 million per year of surplus moneys from the Plan's fund into the Virginia College Opportunity Fund,...
[Detail][Text][Discuss] | 2024-02-07
To House Appropriations Committee |
| VA | HB1078 | Intro
25% | Family caregiver tax credit. Creates a nonrefundable income tax credit for taxable years 2024 through 2028 for expenses incurred by an individual in caring for an eligible family member, defined in the bill, who requires assistance with one or more a...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1096 | Intro
25% | Housing opportunity tax credit. Increases, for calendar years 2023 through 2025, the amount of housing opportunity tax credits that may be claimed from $60 million per calendar year to $100 million per calendar year.
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1292 | Intro
25% | Income tax subtraction; professional firefighter pension. Establishes an income tax subtraction for up to $20,000 of firefighter benefits in taxable year 2024, up to $30,000 in taxable year 2025, and up to $40,000 in taxable year 2026 and each year t...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1281 | Intro
25% | Taxation. Decreases, beginning in taxable year 2025, the income tax imposed (i) on income less than $3,000, from two percent to 1.75 percent; (ii) on income in excess of $3,000 but less than $5,000, from three percent to 2.65 percent; (iii) on income...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1446 | Intro
25% | Real property tax; assessment of real property used for affordable housing. Requires the duly authorized real estate assessor of a locality to appraise affordable rental housing in accordance with the income approach, as described by the bill. The bi...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1414 | Intro
25% | Reinstatement of the estate tax. Reinstates the estate tax for persons dying on and after July 1, 2024. The bill provides that no estate tax shall be imposed on a gross estate if the majority of the assets of the estate are an interest in a closely h...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1546 | Intro
25% | Sales and use tax; exemption for data centers. Sales and use tax; exemption for data centers.
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB1524 | Intro
25% | Tax credit for purchase of mobile machinery and equipment used by road contractors for processing recyclable asphalt materials on pavements and roadways. Creates a nonrefundable tax credit for taxable years 2025 through 2029 in an amount equal to 20 ...
[Detail][Text][Discuss] | 2024-02-07
To House Finance Committee |
| VA | HB945 | Intro
25% | Firearm safety device tax credit; definition of firearm safety device. Expands the definition of "firearm safety device" as it relates to the firearm safety device tax credit to include any device that, when installed on a firearm, is designed to pre...
[Detail][Text][Discuss] | 2024-02-02
Incorporated by Public Safety |
| VA | HB1181 | Intro
25% | Virginia Gun Violence Intervention and Prevention Grant Program and Fund; firearm and ammunition tax. Establishes the Virginia Gun Violence Intervention and Prevention Grant Program (the Program) and redirects funds from the Virginia Gun Violence Int...
[Detail][Text][Discuss] | 2024-02-02
Incorporated by Public Safety |
| VA | HJR35 | Intro
25% | Study; Department of Taxation; tax policy options for reforming the litter tax; report. Directs the Department of Taxation, in conjunction with the Department of Environmental Quality, to study tax policy options for reforming the litter tax.
[Detail][Text][Discuss] | 2024-02-01
To House Rules Committee |
| VA | HJR40 | Intro
25% | Study; Department of Housing and Community Development; Study; Department of Housing and Community Development; tax implications of implementing a land value tax; report. Directs the Department of Housing and Community Development to study tax implic...
[Detail][Text][Discuss] | 2024-02-01
To House Rules Committee |
| VA | HB762 | Intro
25% | Organ donation leave tax credit. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for a taxpayer that is a private employer, as defined by the bill, for certain costs incurred during a period of organ donation leave r...
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
| VA | HB961 | Intro
25% | Virginia local journalism sustainability tax credits. Creates a nonrefundable income tax credit for eligible local newspaper publishers, defined in the bill, for compensation paid to local news journalists. The credit is equal to (i) for the first ta...
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
| VA | HB1470 | Intro
25% | 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] | 2024-01-31
To House Finance Committee |
| VA | HB1536 | Intro
25% | Sales tax exemption; certain baby products.
[Detail][Text][Discuss] | 2024-01-31
To House Finance Committee |
| VA | HB305 | Intro
25% | Regional gas tax revenues. Provides that in allocating revenues from the regional fuels tax in localities not a part of the Northern Virginia Transportation Authority, the Hampton Roads Transportation Accountability Commission, the Interstate 81 Corr...
[Detail][Text][Discuss] | 2024-01-25
Stricken from docket by Transportation (20-Y 0-N) |
| VA | HB138 | Intro
25% | Annual retail sales and use tax holiday. Establishes an annual retail sales and use tax holiday that takes place on the first full weekend in August beginning on August 1, 2025. During such weekend, state retail sales and use tax will not apply to ce...
[Detail][Text][Discuss] | 2024-01-17
Stricken from docket by Finance (21-Y 0-N) |
