# Virginia HB1414: Estate tax; reinstates tax for persons dying on and after July 1, 2024.

Virginia HB1414, Estate tax; reinstates tax for persons dying on and after July 1, 2024., is a 2025 Regular Session House bill sponsored by Elizabeth B. Bennett-Parker (Democratic); status failed, last action 2024-11-18 (Left in Finance) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/VA-HB1414-2025
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1414
- State: Virginia
- Session: 2025 Regular Session
- Title: Estate tax; reinstates tax for persons dying on and after July 1, 2024.
- Status: failed
- Chamber: House
- Introduced: 2024-01-17
- Last action: 2024-11-18, Left in Finance
- Sponsor: Elizabeth B. Bennett-Parker (Democratic)
- Cosponsors: 0
- Subjects: Finance
- Touches household money: no
- Roll calls: 2 (7 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Reinstatement of the estate tax. Reinstates the estate tax for persons dying on and after July 1, 2024. The bill provides that no estate tax shall be imposed on a gross estate if the majority of the assets of the estate are an interest in a closely held business or a working farm. The bill designates revenues from the estate tax to be used for early childhood care and education purposes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Elizabeth B. Bennett-Parker (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2024-02-07 | House | Continued to 2025 with substitute in Finance (Voice Vote) | pass | 0 | 0 |   |
| 2024-02-05 | House | Subcommittee recommends continuing to 2025 with substitute | pass | 7 | 0 |   |

## Actions (9)

- 2024-11-18: Left in Finance (House)
- 2024-02-07: Continued to 2025 with substitute in Finance (Voice Vote) (House)
- 2024-02-07: Committee substitute posted to LIS only 24107085D-H1 (House)
- 2024-02-05: Subcommittee recommends continuing to 2025 with substitute (7-Y 0-N) (House)
- 2024-02-05: House subcommittee amendments and substitutes offered (House)
- 2024-02-03: Impact statement from TAX (HB1414) (House)
- 2024-02-02: Assigned Finance sub: Subcommittee #3 (House)
- 2024-01-17: Referred to Committee on Finance (House)
- 2024-01-17: Presented and ordered printed 24104291D (House)

## Bill text

- Substitute, 2024-02-16: [HTML](https://lis.virginia.gov/bill-details/20251/HB1414)
- Introduced, 2024-01-22: [HTML](https://lis.virginia.gov/bill-details/20251/HB1414)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Substitute (HTML)](https://lis.virginia.gov/bill-details/20251/HB1414)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB1414-2025 (as of 2026-10-16).