| VA | SB194 | Pass | Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, moto...
[Detail][Text][Discuss] | 2024-04-08
Governor: Acts of Assembly Chapter text (CHAP0665) |
| VA | HB1502 | Pass | Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, moto...
[Detail][Text][Discuss] | 2024-04-08
Governor: Acts of Assembly Chapter text (CHAP0660) |
| VA | SB102 | Pass | Wills and trusts; tangible personal property; nonexoneration. Provides that if a trust instrument that was revocable, as defined in relevant law, immediately before the settlor's death refers to a written statement or list of items of tangible person...
[Detail][Text][Discuss] | 2024-04-05
Governor: Acts of Assembly Chapter text (CHAP0576) |
| VA | HB1257 | Pass | Insurance; coverage for the diminished value of personal property. Requires any insurer who issues or delivers a new or renewal homeowner's insurance policy or a stand-alone policy that covers scheduled personal property in the Commonwealth to offer ...
[Detail][Text][Discuss] | 2024-04-05
Governor: Acts of Assembly Chapter text (CHAP0547) |
| VA | SB483 | Pass | 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] | 2024-03-14
Governor: Acts of Assembly Chapter text (CHAP0088) |
| VA | HB1429 | Pass | 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] | 2024-03-14
Governor: Acts of Assembly Chapter text (CHAP0087) |
| VA | SB703 | Intro
25% | 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 | HB422 | Intro
25% | Personal property tax; classification; sunset date. Removes the sunset date from the provision of law that authorizes localities to classify most motor vehicles as a class of property subject to a different rate of tax or rate of assessment from the ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB705 | Intro
25% | Personal property tax; classification; sunset date. Removes the sunset date from the provision of law that authorizes localities to classify most motor vehicles as a class of property subject to a different rate of tax or rate of assessment from the ...
[Detail][Text][Discuss] | 2024-02-13
To House Finance Committee |
| VA | HB384 | Intro
25% | 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 | HB875 | Intro
25% | 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 | HB724 | Intro
25% | 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 | HB973 | Intro
25% | 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 | HB1308 | Intro
25% | 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 |
| 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 | SB126 | Intro
25% | Personal property tax relief; qualifying vehicles; reimbursement and appropriation. Provides for a portion of the general fund surplus at the close of the immediately preceding fiscal year to be appropriated for increased car tax relief. Personal pr...
[Detail][Text][Discuss] | 2024-02-06
To Senate Finance and Appropriations Committee |
