Finance Committee Agenda

Chair: Watts, Vivian E.

Meeting Date & Time: 02/18/2026 15 minutes after adjournment of House Add to Calendar

Location: House Committee Room B - 205

Testimony/Comments: Sign up to speak or submit comments (opens in a new window)

Additional Resource(s):

Active item: Meeting Adjourned

Video: Archived

Committee Clerk: 804-698-1947 - Vonny Powell, Clerk

DLS Contact: (804) 698-1863 - Rebecca Schultz, Attorney

Block 1

Senate bills that are either identical or similar to House bills

Bill(s) Patron Title
SB400 Diggs Admissions tax in counties; retail sales and use tax dedicated to promotion of tourism.

Summary: An Act to amend and reenact § 58.1-3818 of the Code of Virginia, relating to admissions tax in counties; retail sales and use tax dedicated to promotion of tourism.

Fiscal Impact

Reported from Finance (15-Y 6-N)

Yeas (15): Watts, Hernandez, Sullivan, Anthony, Callsen, Gardner, Keys-Gamarra, Maldonado, Pope Adams, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Bulova, McPike

Nays (6): Ware, Fowler, McNamara, Walker, Runion, Davis

Not Voting (1): Garrett

Last actions:

  • 2/18/2026 - Reported from Finance (15-Y 6-N)
  • 2/20/2026 - Read second time
  • 2/23/2026 - Read third time
  • 2/23/2026 - Passed House (62-Y 35-N 0-A)
  • 2/24/2026 - Signed by Speaker

Senate Committee Actions:

• 1/30/2026 - Read third time and passed Senate (25-Y 12-N 0-A)

• 2/24/2026 - Enrolled

• 2/24/2026 - Bill text as passed Senate and House (SB400ER)

• 2/24/2026 - Signed by President

• 2/26/2026 - Fiscal Impact statement From TAX (2/26/2026 3:21 pm)

Related Bills:

HB550 (Anderson)

SB591 McPike Income tax, state; free tax filing program for individuals.

Summary: An Act to amend and reenact § 58.1-202.3 of the Code of Virginia and to repeal Chapter 535 of the Acts of Assembly of 2010, relating to Department of Taxation; free tax filing program for individuals.

Fiscal Impact

Reported from Finance (21-Y 0-N)

Yeas (21): Watts, Hernandez, Sullivan, Anthony, Callsen, Gardner, Keys-Gamarra, Maldonado, Pope Adams, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Bulova, McPike, Ware, Fowler, McNamara, Walker, Runion, Davis

Not Voting (1): Garrett

Last actions:

  • 2/18/2026 - Reported from Finance (21-Y 0-N)
  • 2/20/2026 - Read second time
  • 2/23/2026 - Read third time
  • 2/23/2026 - Passed House (97-Y 0-N 0-A)
  • 2/24/2026 - Signed by Speaker

Senate Committee Actions:

• 2/17/2026 - Fiscal Impact statement From TAX (2/17/2026 6:35 pm)

• 2/24/2026 - Enrolled

• 2/24/2026 - Bill text as passed Senate and House (SB591ER)

• 2/24/2026 - Signed by President

• 2/26/2026 - Fiscal Impact statement From TAX (2/26/2026 3:31 pm)

Related Bills:

HB1180 (Pope Adams)

SB612 Pillion Motion picture production; extends income tax credit sunset.

Summary: An Act to amend and reenact § 58.1-439.12:03 of the Code of Virginia, relating to motion picture production income tax credit; sunset.

Fiscal Impact

Reported from Finance (18-Y 3-N)

Yeas (18): Watts, Hernandez, Sullivan, Anthony, Callsen, Gardner, Keys-Gamarra, Maldonado, Pope Adams, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Bulova, McPike, Fowler, Walker, Davis

Nays (3): Ware, McNamara, Runion

Not Voting (1): Garrett

Last actions:

  • 2/18/2026 - Reported from Finance (18-Y 3-N)
  • 2/20/2026 - Read second time
  • 2/23/2026 - Read third time
  • 2/23/2026 - Passed House (74-Y 23-N 0-A)
  • 2/24/2026 - Signed by Speaker

Senate Committee Actions:

• 2/17/2026 - Fiscal Impact statement From TAX (2/17/2026 7:04 pm)

• 2/24/2026 - Enrolled

• 2/24/2026 - Bill text as passed Senate and House (SB612ER)

• 2/24/2026 - Signed by President

• 2/26/2026 - Fiscal Impact statement From TAX (2/26/2026 3:51 pm)

SB649 Obenshain Real property tax; special assessment on basis of use, notice requirements.

Summary: An Act to amend and reenact § 55.1-703 of the Code of Virginia and to amend the Code of Virginia by adding sections numbered 55.1-1008.1 and 58.1-3234.1, relating to real property tax; special assessment for land use; notice requirements; civil penalty.

Fiscal Impact

Reported from Finance with amendment(s) (21-Y 0-N)

Yeas (21): Watts, Hernandez, Sullivan, Anthony, Callsen, Gardner, Keys-Gamarra, Maldonado, Pope Adams, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Bulova, McPike, Ware, Fowler, McNamara, Walker, Runion, Davis

Not Voting (1): Garrett

Last actions:

  • 2/23/2026 - Read third time
  • 2/23/2026 - committee amendment agreed to
  • 2/23/2026 - Engrossed by House as amended
  • 2/23/2026 - Passed House with amendment (97-Y 0-N 0-A)
  • 2/27/2026 - Signed by Speaker

Senate Committee Actions:

• 2/25/2026 - Finance Amendment agreed to by Senate

• 2/25/2026 - House amendment agreed to by Senate (40-Y 0-N 0-A)

• 2/27/2026 - Enrolled

• 2/27/2026 - Bill text as passed Senate and House (SB649ER)

• 2/27/2026 - Signed by President

Related Bills:

HB1358 (Runion)