# Virginia HB2147: Tax increment financing; use of other local taxes.

Virginia HB2147, Tax increment financing; use of other local taxes., is a 2025 Regular Session House bill sponsored by Paul V. Milde (Republican); status failed, last action 2025-02-04 (Left in Finance) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2147-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2147
- State: Virginia
- Session: 2025 Regular Session
- Title: Tax increment financing; use of other local taxes.
- Status: failed
- Chamber: House
- Introduced: 2025-01-07
- Last action: 2025-02-04, Left in Finance
- Sponsor: Paul V. Milde (Republican)
- Cosponsors: 0
- Subjects: Subcommittee #1
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Tax increment financing; use of other local taxes. Authorizes the governing body of a county, city, or town to apply tax revenues from sources other than real estate taxes for use in tax increment financing of development projects. Under current law, only real estate taxes are specifically authorized to be used for such projects. The governing body may choose any or all of such taxes to be applied in such manner. The amount of revenues to be so used shall be the amount of the increase of such taxes collected in the development project area in a given year compared with the base amount of revenues prior to the establishment of such area. The local taxes that may be so applied include local sales and use taxes, merchants' capital taxes, license taxes, admissions taxes, transient occupancy taxes, meals taxes, and other local taxes and fees for utilities and transportation purposes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Paul V. Milde (Republican), House

## Actions (5)

- 2025-02-04: Left in Finance (House)
- 2025-01-24: Assigned Finance sub: Subcommittee #1 (House)
- 2025-01-15: Impact statement from TAX (HB2147) (House)
- 2025-01-07: Referred to Committee on Finance (House)
- 2025-01-07: Prefiled and ordered printed; Offered 01-13-2025 25101270D (House)

## Bill text

- Introduced, 2025-01-07: [HTML](https://lis.blob.core.windows.net/files/1015292.HTML), [PDF](https://lis.blob.core.windows.net/files/1015291.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
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1015292.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1015291.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)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB2147-2025 (as of 2026-10-17).