Summary
Meets on: Monday and Wednesday at 8:30 a.m. (Monday) Subcommittees meeting in lieu of full committee – (Wednesday) House Committee Room 1/2 hour after adjournment in House Committee Room
Members: Vivian Watts (Chair) – Hala Ayala – Kathy Byron – Ronnie Campbell – Lee Carter – Budd Fowler – Todd Gilbert – Steve Heretick – Sally Hudson – Mark Keam – Kaye Kory – Joe McNamara – Martha Mugler – Kathleen Murphy – Bobby Orrock – Charles Poindexter – Don Scott – Rip Sullivan – Lee Ware – Tommy Wright
12 Democrats and 8 Republicans
Subcommittees:
- Subcommittee #1
- Subcommittee #2
- Subcommittee #3
OnAir Post: Finance Committee
News
Note: Details on bills passed below are in the Heading “Bills passed”
- HB 1763 Tax credit; agricultural best management practices.
- HB 1774 Tangible personal property taxes;classification of certain motor vehicles, trailers, & semitrailers.
- HB 1800 Budget Bill.
- HB 1899 Coal tax credits; sunset dates.
- HB 1916 Research and development tax credits.
- HB 1935 Income tax, state; conformity with the Internal Revenue Code.
- HB 1969 Administration of blighted and derelict properties; modifies definition of “qualifying locality.”
- HB 1979 Electric vehicle rebate program; creation and funding, report, sunset date.
- HB 1999 Tax Commissioner; waiver of accrual of interest in the event that Gov. declares state of emergency.
- HB 2006 Energy storage systems; definitions, tax exemption, revenue share for systems. .
- HB 2059 Delinquent returns; enforcement, when approval required.
- HB 2060 Online portal for tax practitioners; Department of Taxation shall analyze prospect of establishing.
- HB 2118 Virginia Electric Vehicle Grant Fund and Program; created, report.
- HB 2185 Retail Sales and Use Tax; exemption for personal protective equipment.
- HB 2273 Data centers; sales and use tax exemption, criteria, report.
- HB 2293 Local gas severance tax; extends sunset date.
Delegate Morefield sponsored a bill that which extends the sunset date from January 1, 2022 to January 1, 2024 to impose an additional local gas severance tax. Voted to report bill 21 – Yeas 0 – Nays.
Delegate Heretick sponsored a bill that which emphasizes that energy storage systems are a separate class of property and exempt from state and local taxation. Voted to report bill with substitute 18 – Yeas 2 – Nays 1 – Abs.
Delegate Sickles sponsored a bill that which directs the Department of Taxation to include space on individual income tax forms for voluntary inclusion of personal and contract information. Voted to report bill with technical amendments 19 – Yeas 2 – Nays.
