# Virginia HB2245: Real property tax; assessment of affordable rental housing. Virginia HB2245, Real property tax; assessment of affordable rental housing., is a 2025 Regular Session House bill sponsored by Katrina Callsen (Democratic); status to governor, last action 2025-03-24 (Acts of Assembly Chapter text (CHAP0456)) (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/VA-HB2245-2025 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Virginia HB2245 - State: Virginia - Session: 2025 Regular Session - Title: Real property tax; assessment of affordable rental housing. - Status: to governor - Chamber: House - Introduced: 2025-01-07 - Last action: 2025-03-24, Acts of Assembly Chapter text (CHAP0456) - Sponsor: Katrina Callsen (Democratic) - Cosponsors: 0 - Touches household money: no - Roll calls: 6 (184 yes, 39 no in all) - Economic provisions PRIA read: 0 ## Summary Real property tax; assessment of affordable rental housing. Directs the Department of Taxation to develop a uniform income and expense reporting form that may be provided by duly authorized assessors and completed by the owners of affordable rental housing properties prior to assessment of such affordable rental housing properties. The bill provides that the duly authorized real estate assessor charged with determining the fair market value of affordable rental housing shall use the income approach when such housing generates income unless certain information is not provided by the property owner. The bill specifies that the foregoing provisions shall become effective for assessments beginning on or after January 1, 2026. Finally, the bill directs the Department to develop, in consultation with a stakeholder group, the uniform income and expense reporting form no later than September 1, 2025, and directs the Department to provide by November 1, 2025, a letter to the Chairs of the Senate Committee on Finance and Appropriations and the House Committee on Finance with an update on the development of such form and implementation of training for assessing officials and contracted assessors on the assessment of affordable rental housing. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: Katrina Callsen (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-02-12 | Senate | Passed Senate | pass | 35 | 4 | | | 2025-02-11 | Senate | Reported from Finance and Appropriations | pass | 15 | 0 | | | 2025-02-11 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 40 | 0 | | | 2025-02-04 | House | Read third time and passed House | pass | 74 | 25 | | | 2025-01-29 | House | Reported from Finance with substitute | pass | 15 | 7 | | | 2025-01-27 | House | Subcommittee recommends reporting with substitute | pass | 5 | 3 | 1 | ## Actions (30) - 2025-03-24: Acts of Assembly Chapter text (CHAP0456) (Governor) - 2025-03-24: Approved by Governor-Chapter 456 (Effective 07/01/25) (Governor) - 2025-03-03: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor) - 2025-03-03: Enrolled Bill communicated to Governor on March 3, 2025 (House) - 2025-02-20: Signed by President (Senate) - 2025-02-17: Impact statement from TAX (HB2245) (House) - 2025-02-17: Bill text as passed House and Senate (HB2245ER) (House) - 2025-02-17: Enrolled (House) - 2025-02-17: Signed by Speaker (House) - 2025-02-12: Passed Senate (35-Y 4-N) (Senate) - 2025-02-12: Read third time (Senate) - 2025-02-11: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N) (Senate) - 2025-02-11: Reported from Finance and Appropriations (15-Y 0-N) (Senate) - 2025-02-11: Passed by for the day (Senate) - 2025-02-11: Rules suspended (Senate) - 2025-02-06: Impact statement from TAX (HB2245) (House) - 2025-02-05: Referred to Committee on Finance and Appropriations (Senate) - 2025-02-05: Constitutional reading dispensed (on 1st reading) (Senate) - 2025-02-04: Read third time and passed House (74-Y 25-N) (House) - 2025-02-03: Engrossed by House - committee substitute (House) - 2025-02-03: Finance Substitute agreed to (House) - 2025-02-03: Read second time (House) - 2025-01-31: Read first time (House) - 2025-01-29: Committee substitute printed 25106399D-H1 (House) - 2025-01-29: Reported from Finance with substitute (15-Y 7-N) (House) - 2025-01-27: Subcommittee recommends reporting with substitute (5-Y 3-N) (House) - 2025-01-24: Assigned Finance sub: Subcommittee #1 (House) - 2025-01-21: Impact statement from TAX (HB2245) (House) - 2025-01-07: Referred to Committee on Finance (House) - 2025-01-07: Prefiled and ordered printed; Offered 01-08-2025 25104430D (House) ## Bill text - Chaptered, 2025-03-24: [HTML](https://lis.blob.core.windows.net/files/1077032.HTML), [PDF](https://lis.blob.core.windows.net/files/1077031.PDF) - Enrolled, 2025-02-17: [HTML](https://lis.blob.core.windows.net/files/1050407.HTML), [PDF](https://lis.blob.core.windows.net/files/1050406.PDF) - Substitute, 2025-01-29: [HTML](https://lis.blob.core.windows.net/files/1033460.HTML), [HTML](https://lis.blob.core.windows.net/files/1031629.HTML), [PDF](https://lis.blob.core.windows.net/files/1031628.PDF), [PDF](https://lis.blob.core.windows.net/files/1033459.PDF) - Substitute, 2025-01-28: [HTML](https://lis.blob.core.windows.net/files/1029705.HTML), [PDF](https://lis.blob.core.windows.net/files/1029704.PDF) - Introduced, 2025-01-07: [HTML](https://lis.blob.core.windows.net/files/1015685.HTML), [PDF](https://lis.blob.core.windows.net/files/1015684.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/1077032.HTML) - [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1077031.PDF) - [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1050407.HTML) - [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1050406.PDF) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1033460.HTML) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1031629.HTML) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1031628.PDF) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1033459.PDF) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1029705.HTML) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1029704.PDF) - [Introduced (HTML)](https://lis.blob.core.windows.net/files/1015685.HTML) - [Introduced (PDF)](https://lis.blob.core.windows.net/files/1015684.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-HB2245-2025 (as of 2026-10-17).