Finance - Subcommittee #2 Subcommittee Agenda
Chair: Anthony, Bonita
Meeting Date & Time: 02/24/2026 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)
Active item: Meeting Adjourned
Video: Archived
Committee Clerk: 804-698-1947
DLS Contact: Schultz (804) 698-1863; Cronin (804) 698-1832
Senate bills that are either identical or similar to House bills
| Bill(s) | Patron | Title |
|---|---|---|
| SB181 | Williams Graves | Real property tax; partial exemption for repurposing underutilized structures for residential use. |
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Summary: An Act to amend and reenact § 58.1-3220 of the Code of Virginia and to amend the Code of Virginia by adding a section numbered 58.1-3221.7 and by adding in Chapter 38 of Title 58.1 an article numbered 14, consisting of a section numbered 58.1-3855, relating to real property tax; partial exemption for repurposing underutilized structures for residential use; local incentives. Subcommittee recommends reporting with substitute (11-Y 0-N)Yeas (11): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., McPike, Ware, Walker, Garrett, Watts Last actions:
Senate Committee Actions: • 3/20/2026 - Fiscal Impact statement From TAX (3/20/2026 11:42 am) • 4/22/2026 - Senate concurred in Governor's recommendation (21-Y 18-N 0-A) • 4/22/2026 - Reenrolled • 4/22/2026 - Reenrolled bill text (SB181ER2) • 4/22/2026 - Signed by President Subcommittee #2 Subcommittee recommends reporting with substitute (11-Y 0-N) |
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| SB302 | Jordan | Peanuts; excise tax, sunset extended. |
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Summary: An Act to amend and reenact § 3.2-1905 of the Code of Virginia, relating to excise tax on peanuts; sunset extended. Subcommittee recommends reporting (10-Y 0-N)Yeas (10): Anthony, Keys-Gamarra, Cole, N.T., Carroll, Dougherty, Franklin, M.A., McPike, Ware, Walker, Garrett Last actions:
Senate Committee Actions: • 1/29/2026 - Passed by for the day • 1/30/2026 - Read second time • 1/30/2026 - Engrossed by Senate (Voice Vote) • 2/2/2026 - Passed Senate (39-Y 1-N 0-A) • 2/2/2026 - Read third time and passed Senate (39-Y 1-N 0-A) Subcommittee #2 Subcommittee recommends reporting (10-Y 0-N) |
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| SB763 | Williams Graves | Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax. |
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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.
Subcommittee recommends continuing to (Voice Vote) Last actions:
Senate Committee Actions: • 2/5/2026 - Read second time • 2/5/2026 - Finance and Appropriations Substitute agreed to • 2/5/2026 - Engrossed by Senate - committee substitute • 2/6/2026 - Read third time and passed Senate (21-Y 19-N 0-A) • 2/23/2026 - Fiscal Impact statement From TAX (2/23/2026 3:25 pm) Related Bills: HB1094 (Laufer) Subcommittee #2 Subcommittee recommends continuing to (Voice Vote) |
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| SB788 | Perry | Alcoholic beverage control; payment of excise tax on beer, wine coolers, and wine, penalties. |
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Summary: An Act to amend and reenact §§ 4.1-235 and 4.1-332 of the Code of Virginia, relating to alcoholic beverage control; payment of excise tax on beer, wine coolers, and wine; penalties.
Subcommittee recommends reporting
Subcommittee recommends reporting with amendment(s) (9-Y 0-N) Last actions:
Senate Committee Actions: • 2/10/2026 - Rules suspended • 2/10/2026 - Constitutional reading dispensed Block Vote (on 3rd reading) (40-Y 0-N 0-A) • 2/10/2026 - Read third time and passed Senate Block Vote (40-Y 0-N 0-A) • 2/11/2026 - Fiscal Impact Statement from Department of Planning and Budget (SB788) • 3/4/2026 - House Amendments agreed to by Senate (39-Y 1-N 0-A) Subcommittee #2 Subcommittee recommends reporting ; Subcommittee recommends reporting with amendment(s) (9-Y 0-N) |
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