VirginiaHB24102025 Regular SessionHouse

Tangible personal property tax; classification for rate purposes, etc.

Sponsored By: Timothy P. Griffin (Republican)

Failed

Summary

Tangible personal property tax; classification for rate purposes; boats and watercraft powered by green technology; registration and titling. Authorizes localities to classify for tangible personal property tax rate purposes boats or watercraft weighing less than five tons and any accompanying trailers, not used solely for business purposes and powered exclusively by green technology, defined in the bill. Localities would have the option to assign a rate of tax or rate of assessment to this class different from the rate applicable to the general class of tangible personal property. The bill also exempts such boats or watercraft and any accompanying trailers powered exclusively by green technology from titling and registration requirements, including fees, required under current law.

Subcommittee #1

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

  • Timothy P. Griffin

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Finance

    2/4/2025House
  2. Impact statement from TAX (HB2410)

    1/26/2025House
  3. Assigned Finance sub: Subcommittee #1

    1/24/2025House
  4. Referred to Committee on Finance

    1/8/2025House
  5. Prefiled and ordered printed; Offered 01-08-2025 25103517D

    1/8/2025House

Bill Text

Related Bills

Back to State Legislation