# Virginia HB2029: Real property tax; exemption for elderly and disabled individuals.

Virginia HB2029, Real property tax; exemption for elderly and disabled individuals., is a 2025 Regular Session House bill sponsored by Phil M. Hernandez (Democratic); status to governor, last action 2025-03-24 (Acts of Assembly Chapter text (CHAP0522)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2029-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2029
- State: Virginia
- Session: 2025 Regular Session
- Title: Real property tax; exemption for elderly and disabled individuals.
- Status: to governor
- Chamber: House
- Introduced: 2025-01-07
- Last action: 2025-03-24, Acts of Assembly Chapter text (CHAP0522)
- Sponsor: Phil M. Hernandez (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 6 (207 yes, 11 no in all)
- Economic provisions PRIA read: 0

## Summary

Real property tax; exemption for elderly and disabled individuals. Revises various provisions of the local real property tax exemption and deferral program for elderly and disabled individuals. The bill allows a locality to require that an individual (i) pay all delinquent taxes, penalties, and interest assessed by the locality and incurred prior to becoming eligible for an exemption or deferral; (ii) enter into an installment agreement with the locality for the payment of all such delinquent amounts in installments over a period that is reasonable under the circumstances, but that in no event shall exceed 72 months; (iii) submit and obtain the treasurer's agreement to an offer in compromise with respect to all amounts of delinquent taxes, penalties, and interest; or (iv) carry out a combination thereof. Additionally, the bill provides that notice of the terms and conditions of the exemption and deferral program may be included in any notice of change in assessment and that the treasurer shall post such information on the locality's website. Finally, the bill allows a locality to provide a prorated exemption or deferral for the portion of the taxable year during which the taxpayer would have qualified for such exemption or deferral but had not yet filed an application. This bill is identical to SB 816.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Phil M. Hernandez (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-07 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2025-02-06 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 40 | 0 |   |
| 2025-02-05 | Senate | Reported from Finance and Appropriations | pass | 12 | 0 |   |
| 2025-01-28 | House | Read third time and passed House | pass | 94 | 3 |   |
| 2025-01-22 | House | Reported from Finance with substitute | pass | 17 | 5 |   |
| 2025-01-20 | House | Subcommittee recommends reporting with amendment(s) | pass | 5 | 3 | 1 |

## Actions (30)

- 2025-03-24: Acts of Assembly Chapter text (CHAP0522) (Governor)
- 2025-03-24: Approved by Governor-Chapter 522 (Effective 07/01/25) (Governor)
- 2025-02-18: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-02-18: Enrolled Bill communicated to Governor on February 18, 2025 (House)
- 2025-02-15: Impact statement from TAX (HB2029) (House)
- 2025-02-13: Signed by President (Senate)
- 2025-02-10: Bill text as passed House and Senate (HB2029ER) (House)
- 2025-02-10: Enrolled (House)
- 2025-02-10: Signed by Speaker (House)
- 2025-02-07: Passed Senate Block Vote (39-Y 0-N) (Senate)
- 2025-02-07: Read third time (Senate)
- 2025-02-06: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N) (Senate)
- 2025-02-06: Passed by for the day (Senate)
- 2025-02-06: Rules suspended (Senate)
- 2025-02-05: Reported from Finance and Appropriations (12-Y 0-N) (Senate)
- 2025-02-03: Impact statement from TAX (HB2029) (House)
- 2025-01-29: Referred to Committee on Finance and Appropriations (Senate)
- 2025-01-29: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-01-28: Read third time and passed House (94-Y 3-N) (House)
- 2025-01-27: Engrossed by House - committee substitute (House)
- 2025-01-27: Finance Substitute agreed to (House)
- 2025-01-27: Read second time (House)
- 2025-01-24: Read first time (House)
- 2025-01-22: Committee substitute printed 25105713D-H1 (House)
- 2025-01-22: Reported from Finance with substitute (17-Y 5-N) (House)
- 2025-01-20: Subcommittee recommends reporting with amendment(s) (5-Y 3-N) (House)
- 2025-01-17: Assigned Finance sub: Subcommittee #1 (House)
- 2025-01-14: Impact statement from TAX (HB2029) (House)
- 2025-01-07: Referred to Committee on Finance (House)
- 2025-01-07: Prefiled and ordered printed; Offered 01-13-2025 25104305D (House)

## Bill text

- Chaptered, 2025-03-24: [HTML](https://lis.blob.core.windows.net/files/1077427.HTML), [PDF](https://lis.blob.core.windows.net/files/1077426.PDF)
- Enrolled, 2025-02-10: [HTML](https://lis.blob.core.windows.net/files/1044331.HTML), [PDF](https://lis.blob.core.windows.net/files/1044330.PDF)
- Substitute, 2025-01-22: [HTML](https://lis.blob.core.windows.net/files/1026196.HTML), [PDF](https://lis.blob.core.windows.net/files/1026195.PDF)
- Amendment, 2025-01-20: [HTML](https://lis.blob.core.windows.net/files/1023419.HTML)
- Introduced, 2025-01-07: [HTML](https://lis.blob.core.windows.net/files/1014470.HTML), [PDF](https://lis.blob.core.windows.net/files/1014469.PDF)

## 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
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1077427.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1077426.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1044331.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1044330.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1026196.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1026195.PDF)
- [Amendment (HTML)](https://lis.blob.core.windows.net/files/1023419.HTML)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1014470.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1014469.PDF)

## 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)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB2029-2025 (as of 2026-10-17).