VirginiaHB19972025 Regular SessionHouse

Income tax, state; pass-through entities, sunset.

Sponsored By: Joseph P. McNamara (Republican)

Failed

Summary

Income tax; pass-through entities; sunset. Removes the sunset for the elective entity level tax on pass-through entities that is currently set to expire after taxable year 2025.

Finance and Appropriations

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Joseph P. McNamara

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 125 • No: 16

Senate vote • 2/5/2025

Passed by indefinitely in Finance and Appropriations

Yes: 10 • No: 3

House vote • 1/28/2025

Read third time and passed House

Yes: 92 • No: 6

House vote • 1/22/2025

Reported from Finance

Yes: 17 • No: 5

House vote • 1/21/2025

Subcommittee recommends reporting

Yes: 6 • No: 2

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (10-Y 3-N)

    2/5/2025Senate
  2. Referred to Committee on Finance and Appropriations

    1/29/2025Senate
  3. Constitutional reading dispensed (on 1st reading)

    1/29/2025Senate
  4. Read third time and passed House (92-Y 6-N)

    1/28/2025House
  5. Read second time and engrossed

    1/27/2025House
  6. Read first time

    1/24/2025House
  7. Reported from Finance (17-Y 5-N)

    1/22/2025House
  8. Subcommittee recommends reporting (6-Y 2-N)

    1/21/2025House
  9. Assigned Finance sub: Subcommittee #2

    1/20/2025House
  10. Impact statement from TAX (HB1997)

    1/18/2025House
  11. Referred to Committee on Finance

    1/7/2025House
  12. Prefiled and ordered printed; Offered 01-13-2025 25101843D

    1/7/2025House

Bill Text

Related Bills

Back to State Legislation