Finance - Subcommittee #2 Subcommittee Agenda

Chair: Anthony, Bonita

Meeting Date & Time: 02/10/2026 04:30 PM Add to Calendar

Location: House North Subcommittee Room - 200

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Additional Resource(s):

Video: Archived

Committee Clerk: 804-698-1947

DLS Contact: Schultz (804) 698-1863; Cronin (804) 698-1832

Sale Taxes

Bill(s) Patron Title
HB207 Keys-Gamarra Retail Sales and Use Tax; imposes firearm suppressor tax.

Summary: A BILL to amend the Code of Virginia by adding in Title 58.1 a chapter numbered 6.3, consisting of sections numbered 58.1-663, 58.1-664, and 58.1-665, relating to retail sales and use tax; firearm suppressor tax.

Fiscal Impact

Subcommittee recommends laying on the table (10-Y 0-N)

Yeas (10): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Ware, Walker, Garrett, Watts

Not Voting (1): Bennett-Parker

Last actions:

  • 1/7/2026 - Referred to Committee on Finance
  • 1/30/2026 - Placed on Finance Agenda
  • 2/1/2026 - Fiscal Impact statement From TAX (2/1/2026 2:32 pm)
  • 2/6/2026 - Assigned HFIN sub: Subcommittee #2
  • 2/10/2026 - Subcommittee recommends laying on the table (10-Y 0-N)

Subcommittee #2

Subcommittee recommends laying on the table (10-Y 0-N)

HB566 McNamara Tangible personal property tax relief; rate of taxation.

Summary: A BILL to amend and reenact § 58.1-3524 of the Code of Virginia, relating to tangible personal property tax relief; rate of taxation.

Fiscal Impact

Subcommittee recommends laying on the table (7-Y 3-N)

Yeas (7): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Watts

Nays (3): Ware, Walker, Garrett

Not Voting (1): Bennett-Parker

Last actions:

  • 2/3/2026 - Assigned HFIN sub: Subcommittee #2
  • 2/8/2026 - Fiscal Impact statement From TAX (2/8/2026 3:41 pm)
  • 2/9/2026 - Placed on Finance Agenda
  • 2/10/2026 - House subcommittee offered
  • 2/10/2026 - Subcommittee recommends laying on the table (7-Y 3-N)

Subcommittee #2

Subcommittee recommends laying on the table (7-Y 3-N)

HB919 Lopez Retail Sales and Use Tax; impose firearm and ammunition tax.

Summary: A BILL to amend the Code of Virginia by adding in Title 58.1 a chapter numbered 6.3, consisting of sections numbered 58.1-663 through 58.1-666, relating to retail sales and use tax; firearm and ammunition tax.

Fiscal Impact

Subcommittee recommends reporting with substitute (7-Y 2-N)

Yeas (7): Anthony, Keys-Gamarra, Cole, N.T., Dougherty, Franklin, M.A., Ware, Watts

Nays (2): Carroll, Garrett

Not Voting (2): Bennett-Parker, Walker

Subcommittee recommends reporting with substitute (5-Y 4-N)

Yeas (7): Anthony, Keys-Gamarra, Cole, N.T., Dougherty, Franklin, M.A., Ware, Watts

Nays (2): Carroll, Garrett

Not Voting (2): Bennett-Parker, Walker

Last actions:

  • 2/13/2026 - Read first time
  • 2/16/2026 - Motion to rerefer to Finance agreed to
  • 2/16/2026 - Rereferred by House
  • 2/16/2026 - Rereferred to Finance
  • 2/16/2026 - Continued pursuant to House Rule 22 to 2027 in Finance

Subcommittee #2

Subcommittee recommends reporting with substitute (7-Y 2-N); Subcommittee recommends reporting with substitute (5-Y 4-N)

HB954 Watts Rounding procedures; taxes and fees calculated, counties, cities, and towns may set procedures.

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 and by adding a section numbered 58.1-3916.03, relating to rounding procedures.

Fiscal Impact

Subcommittee recommends reporting with substitute (10-Y 0-N)

Yeas (10): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Ware, Walker, Garrett, Watts

Not Voting (1): Bennett-Parker

Last actions:

  • 2/16/2026 - Read second time
  • 2/16/2026 - committee substitute agreed to
  • 2/16/2026 - Engrossed by House - committee substitute
  • 2/17/2026 - Read third time and passed House (97-Y 0-N 0-A)
  • 2/21/2026 - Fiscal Impact statement From TAX (2/21/2026 3:02 pm)

Senate Committee Actions:

• 2/18/2026 - Constitutional reading dispensed (on 1st reading)

• 2/18/2026 - Referred to Committee on Finance and Appropriations

Subcommittee #2

Subcommittee recommends reporting with substitute (10-Y 0-N)

HB1008 Tran Motor vehicle sales and use tax; exemption for electric vehicles, etc.

Summary: A BILL to amend and reenact § 58.1-2403 of the Code of Virginia, relating to motor vehicle sales and use tax; exemption.

Fiscal Impact

Subcommittee recommends reporting with substitute (10-Y 0-N)

Yeas (10): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Ware, Walker, Garrett, Watts

Not Voting (1): Bennett-Parker

Last actions:

  • 2/16/2026 - Read second time
  • 2/16/2026 - committee substitute agreed to
  • 2/16/2026 - Engrossed by House - committee substitute
  • 2/17/2026 - Read third time and passed House (97-Y 0-N 0-A)
  • 2/18/2026 - Fiscal Impact Statement from Department of Planning and Budget (HB1008)

Senate Committee Actions:

• 2/18/2026 - Constitutional reading dispensed (on 1st reading)

• 2/18/2026 - Referred to Committee on Finance and Appropriations

Subcommittee #2

Subcommittee recommends reporting with substitute (10-Y 0-N)

HB1094 Laufer Firearms; excise tax on manufacturers.

Summary: A BILL to amend the Code of Virginia by adding in Title 58.1 a chapter numbered 6.3, consisting of sections numbered 58.1-663 through 58.1-666, relating to retail sales and use tax; firearm and ammunition tax.

Fiscal Impact

Subcommittee recommends incorporating (Voice Vote)

Last actions:

  • 1/30/2026 - Placed on Finance Agenda
  • 2/1/2026 - Fiscal Impact statement From TAX (2/1/2026 11:20 am)
  • 2/6/2026 - Assigned HFIN sub: Subcommittee #2
  • 2/10/2026 - Subcommittee recommends incorporating (Voice Vote)
  • 2/10/2026 - Placed on Finance Agenda

Related Bills:

SB763 (Williams Graves)

Subcommittee #2

Subcommittee recommends incorporating (Voice Vote)

HB1362 McNamara Retail Sales and Use Tax; sales through vending machines.

Summary: A BILL to amend and reenact § 58.1-614, as it is currently effective and as it may become effective, of the Code of Virginia, relating to sales and use tax; sales through vending machines.

Fiscal Impact

Subcommittee recommends laying on the table (7-Y 3-N)

Yeas (7): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., Watts

Nays (3): Ware, Walker, Garrett

Not Voting (1): Bennett-Parker

Last actions:

  • 1/20/2026 - Referred to Committee on Finance
  • 1/30/2026 - Placed on Finance Agenda
  • 1/31/2026 - Fiscal Impact statement From TAX (1/31/2026 6:51 pm)
  • 2/6/2026 - Assigned HFIN sub: Subcommittee #2
  • 2/10/2026 - Subcommittee recommends laying on the table (7-Y 3-N)

Subcommittee #2

Subcommittee recommends laying on the table (7-Y 3-N)

HB1474 O'Quinn Retail Sales and Use Tax; exceptions for aircraft dealers.

Summary: A BILL to amend and reenact §§ 58.1-1502, 58.1-1503, 58.1-1506, and 58.1-1510 of the Code of Virginia and to repeal § 58.1-1507 of the Code of Virginia, relating to Virginia aircraft sales and use tax; exception for dealers.

Fiscal Impact

Last actions:

  • 2/6/2026 - Assigned HFIN sub: Subcommittee #2
  • 2/8/2026 - Fiscal Impact statement From TAX (2/8/2026 6:49 pm)
  • 2/10/2026 - House subcommittee offered
  • 2/10/2026 - Placed on Finance Agenda
  • 2/11/2026 - Placed on Finance Agenda