All Roll Calls
Yes: 151 • No: 67
Sponsored By: Alex Q. Askew (Democratic)
Became Law
Tax exemptions; Confederacy organizations. Eliminates the exemption from state recordation taxes for the Virginia Division of the United Daughters of the Confederacy and eliminates the tax-exempt designation for real and personal property owned by the Virginia Division of the United Daughters of the Confederacy, the General Organization of the United Daughters of the Confederacy, the Confederate Memorial Literary Society, the Stonewall Jackson Memorial, Incorporated, the Virginia Division, Sons of Confederate Veterans, and the J.E.B. Stuart Birthplace Preservation Trust, Inc. The bill contains technical amendments.
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5 provisions identified: 4 benefits, 0 costs, 1 mixed.
The law lowers or removes transfer and recordation taxes on many public‑purpose and nonprofit property deals. Leases to the U.S., Virginia, or local governments are tax‑free. Deeds or leases to The Nature Conservancy are tax‑free when the land is used only to preserve wilderness, natural, or open‑space areas. Documents recorded for public‑private transportation concessions do not pay recordation taxes. It also preserves exemptions for many nonprofit and reorganization transfers, deeds of partition, and transfers tied to divorce, when the listed conditions are met (such as nonprofit use or qualifying as a tax‑free reorganization). Some partnership and LLC deals only qualify if the parties keep at least 50% of profits or surplus, and anti‑avoidance rules apply.
The law removes the recordation tax on three kinds of no‑money transfers. Deeds of gift are tax‑free if no consideration passes and the deed says it is a deed of gift. Transfer‑on‑death deeds and revocations are tax‑free when no value changes hands. Deeds of distribution from an estate or trust are tax‑free when no consideration passes and the front page says it is a deed of distribution. A deed of distribution includes transfers to original beneficiaries to carry out a will, to pass title after death, to use a power of appointment, or under the Trust Decanting Act.
If one recorded deed does several things and one part is taxed, the part that releases a contractual right is not taxed again. This can lower the cost to record complex deeds.
Certain deeds of trust and mortgages do not pay the recordation tax. Nonprofit colleges, churches, and nonprofit hospitals qualify. Loans made by a county, city, town, or its agency to build or fix a home are exempt if the borrower’s household income is at or below 80% of the area median. The exemption can include buying the land for the home. Some loans by listed nonprofit organizations also qualify.
The law exempts real and personal property of named historical and nonprofit groups, including several Confederate‑related groups, from local property tax when the property is used for museum, historical, or charitable work. Properties that were tax‑exempt on July 1, 1971 keep those exemptions under the old rules. The law also repeals two prior, designated exemptions (§§ 58.1‑3650.31 and 58.1‑3650.716).
Alex Q. Askew
Democratic • House
There are no cosponsors for this bill.
All Roll Calls
Yes: 151 • No: 67
Senate vote • 2/19/2026
Passed Senate
Yes: 21 • No: 17
Senate vote • 2/18/2026
Constitutional reading dispensed Block Vote (on 2nd reading)
Yes: 38 • No: 0
Senate vote • 2/17/2026
Reported from Finance and Appropriations
Yes: 8 • No: 5
House vote • 2/10/2026
Read third time and passed House
Yes: 62 • No: 35
House vote • 2/4/2026
Reported from Finance
Yes: 15 • No: 7
House vote • 2/3/2026
Subcommittee recommends reporting
Yes: 7 • No: 3
Acts of Assembly Chapter text (CHAP0788)
Approved by Governor-Chapter 788 (effective 7/1/2026)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 10, 2026
Fiscal Impact statement From TAX (2/24/2026 7:36 am)
Bill text as passed House and Senate (HB167ER)
Enrolled
Signed by President
Signed by Speaker
Passed Senate (21-Y 17-N 0-A)
Read third time
Constitutional reading dispensed Block Vote (on 2nd reading) (38-Y 0-N 0-A)
Rules suspended
Passed by for the day
Read second time
Reported from Finance and Appropriations (8-Y 5-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (62-Y 35-N 0-A)
Read second time and engrossed
Read first time
Reported from Finance (15-Y 7-N)
Subcommittee recommends reporting (7-Y 3-N)
Assigned HFIN sub: Subcommittee #2
Fiscal Impact statement From TAX (1/13/2026 4:12 pm)
Chaptered
4/13/2026
Enrolled
2/23/2026
Introduced
1/6/2026
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