Finance - Subcommittee #2 Subcommittee Agenda
Chair: Anthony, Bonita
Meeting Date & Time: 01/27/2026 04:30 PM Add to Calendar
Location: House North Subcommittee Room - 200
Testimony/Comments: Sign up to speak or submit comments (opens in a new window)
Video: Archived
Committee Clerk: 804-698-1947 - Vonny Powell, Clerk
DLS Contact: (804) 698 - 1863 - Rebecca Schultz, Attorney
Local Administration
| Bill(s) | Patron | Title |
|---|---|---|
| HB272 | Walker | Film industry community zones; local designation. |
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Summary: A BILL to amend the Code of Virginia by adding in Chapter 38 of Title 58.1 an article numbered 12.2, consisting of a section numbered 58.1-3853.2, relating to local film industry community zones. Last actions:
Related Bills: HB598 (Simonds) Subcommittee #2 Subcommittee recommends laying on the table (7-Y 3-N) |
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| HB474 | Rasoul | Real estate with delinquent taxes or liens; apptmt. of special commissioner, increases value. |
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Summary: An Act to amend and reenact § 58.1-3970.1 of the Code of Virginia, relating to real estate with delinquent taxes or liens; appointment of special commissioner; increases required value. Subcommittee recommends reporting with amendment(s) (10-Y 0-N)Yeas (10): Anthony, Bennett-Parker, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Ware, Walker, Garrett Last actions:
Senate Committee Actions: • 2/26/2026 - Passed by for the day Block Vote (Voice Vote) • 2/26/2026 - Passed by for the day • 2/27/2026 - Read third time • 2/27/2026 - Passed Senate (37-Y 0-N 0-A) • 3/4/2026 - Signed by President Subcommittee #2 Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
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| HB550 | Anderson | Admissions tax in counties; retail sales and use tax dedicated to promotion of tourism. |
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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. Subcommittee recommends reporting (7-Y 3-N)Yeas (7): Anthony, Bennett-Parker, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A. Nays (3): Ware, Walker, Garrett Last actions:
Senate Committee Actions: • 2/18/2026 - Passed by for the day • 2/18/2026 - Passed by for the day • 2/19/2026 - Read third time • 2/19/2026 - Passed Senate (24-Y 14-N 0-A) • 2/23/2026 - Signed by President Related Bills: SB400 (Diggs) Subcommittee #2 Subcommittee recommends reporting (7-Y 3-N) |
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Business Taxes and Fees
| Bill(s) | Patron | Title |
|---|---|---|
| HB954 | Watts | Rounding procedures; taxes and fees calculated, report. |
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Summary: A BILL to amend the Code of Virginia by adding in Article 1 of Chapter 2 of Title 6.2 sections numbered 6.2-200.1 and 6.2-200.2, relating to rounding procedures. Last actions:
Senate Committee Actions: • 3/4/2026 - Read third time • 3/4/2026 - Finance and Appropriations Substitute agreed to • 3/4/2026 - Engrossed by Senate - committee substitute • 3/4/2026 - Passed Senate with substitute Block Vote (40-Y 0-N 0-A) • 3/4/2026 - Passed Senate with substitute Block Vote (40-Y 0-N 0-A) Subcommittee #2 Subcommittee recommends reporting with substitute (10-Y 0-N) |
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| HB956 | Watts | License taxes; deduction for out-of-state receipts. |
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Summary: A BILL to amend and reenact § 58.1-3732 of the Code of Virginia, relating to license taxes; deduction for out-of-state receipts. Subcommittee failed to recommend reporting (4-Y 6-N)Yeas (4): Keys-Gamarra, Carroll, Franklin, M.A., Watts Nays (6): Anthony, Bennett-Parker, Dougherty, Ware, Walker, Garrett Not Voting (1): Cole, N.T. Last actions:
Subcommittee #2 Subcommittee failed to recommend reporting (4-Y 6-N) |
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| HB1199 | Scott, P.A. | Local license taxes; authority to exempt, businesses regulated by boards within DHP. |
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Summary: A BILL to amend and reenact § 58.1-3703 of the Code of Virginia, relating to local license taxes; authority to exempt; businesses regulated by boards within the Department of Health Professions. Subcommittee failed to recommend reporting (3-Y 7-N)Yeas (3): Ware, Walker, Garrett Nays (7): Anthony, Bennett-Parker, Keys-Gamarra, Carroll, Dougherty, Franklin, M.A., Watts Not Voting (1): Cole, N.T. Last actions:
Subcommittee #2 Subcommittee failed to recommend reporting (3-Y 7-N) |
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Real Property Tax
| Bill(s) | Patron | Title |
|---|---|---|
| HB68 | McNamara | Real property; effect on rate when assessment results in tax increase, consideration of inflation. |
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Summary: A BILL to amend and reenact §§ 58.1-3321 and 58.1-3330 of the Code of Virginia, relating to local taxation of real property; effect on rate when assessment results in tax increase; consideration of inflation.
Subcommittee recommends continuing to (Voice Vote) Last actions:
Subcommittee #2 Subcommittee recommends continuing to (Voice Vote) |
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| HB345 | McLaughlin | Real property tax; partial exemption for certain commercial and industrial structures. |
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Summary: A BILL to amend and reenact § 58.1-3221 of the Code of Virginia, relating to real property tax; partial exemption for certain commercial and industrial structures. Last actions:
Subcommittee #2 Subcommittee recommends continuing to (Voice Vote) |
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| HB854 | Cousins | Real property tax; local classification or designation for property, nonprofit organizations. |
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Summary: A BILL to amend and reenact §§ 58.1-3603 and 58.1-3651 of the Code of Virginia, relating to real property tax; local classification or designation for portion of property. Subcommittee recommends reporting with substitute (8-Y 1-N)Yeas (8): Anthony, Bennett-Parker, Keys-Gamarra, Carroll, Dougherty, Franklin, M.A., Ware, Walker Nays (1): Garrett Not Voting (1): Cole, N.T. Subcommittee recommends reporting with substitute (9-Y 0-N)Yeas (8): Anthony, Bennett-Parker, Keys-Gamarra, Carroll, Dougherty, Franklin, M.A., Ware, Walker Nays (1): Garrett Not Voting (1): Cole, N.T. Last actions:
Senate Committee Actions: • 3/4/2026 - Read third time • 3/4/2026 - Finance and Appropriations Substitute agreed to • 3/4/2026 - Engrossed by Senate - committee substitute • 3/4/2026 - Passed Senate with substitute Block Vote (40-Y 0-N 0-A) • 3/4/2026 - Passed Senate with substitute Block Vote (40-Y 0-N 0-A) Subcommittee #2 Subcommittee recommends reporting with substitute (8-Y 1-N); Subcommittee recommends reporting with substitute (9-Y 0-N) |
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| HB960 | Watts | Personal property taxes; valuation, effective clause. |
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Summary: A BILL to amend and reenact § 58.1-3503 of the Code of Virginia, relating to personal property taxes; valuation. Subcommittee recommends reporting with amendment(s) (10-Y 0-N)Yeas (10): Anthony, Bennett-Parker, Keys-Gamarra, Carroll, Dougherty, Franklin, M.A., Ware, Walker, Garrett, Watts Not Voting (1): Cole, N.T. Last actions:
Senate Committee Actions: • 2/4/2026 - Constitutional reading dispensed (on 1st reading) • 2/4/2026 - Referred to Committee on Finance and Appropriations • 2/12/2026 - Removed from Finance and Appropriations docket for Feb 12, 2026 • 3/3/2026 - Placed on Finance and Appropriations docket for Mar 03, 2026 • 3/3/2026 - Continued to next session in Finance and Appropriations (15-Y 0-N) Subcommittee #2 Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
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