# Virginia HB261: Income tax, state; conformity to Internal Revenue Code.

Virginia HB261, Income tax, state; conformity to Internal Revenue Code., is a 2025 Regular Session House bill sponsored by Joseph P. McNamara (Republican); status failed, last action 2024-11-19 (Left in Finance and Appropriations) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/VA-HB261-2025
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB261
- State: Virginia
- Session: 2025 Regular Session
- Title: Income tax, state; conformity to Internal Revenue Code.
- Status: failed
- Chamber: House
- Introduced: 2024-01-05
- Last action: 2024-11-19, Left in Finance and Appropriations
- Sponsor: Joseph P. McNamara (Republican)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 3 (134 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Income tax; rolling conformity. Provides that when Virginia does not conform on a rolling basis to federal tax laws due to any changes in a single act of Congress with an impact of more than $15 million on revenues in the year in which the amendment was enacted or any of the next four years, such nonconformity shall not be considered for purposes of calculating the nonconformity threshold for all amendments in a year with a cumulative projected impact of more than $75 million in the year in which the amendments were enacted or any of the next four years.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Joseph P. McNamara (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2024-02-27 | Senate | Continued to 2025 in Finance and Appropriations | pass | 15 | 0 |   |
| 2024-02-13 | House | VOTE: Block Vote Passage | pass | 98 | 0 |   |
| 2024-02-07 | House | Reported from Finance with amendment(s) | pass | 21 | 0 |   |

## Actions (16)

- 2024-11-19: Left in Finance and Appropriations (Senate)
- 2024-02-27: Continued to 2025 in Finance and Appropriations (15-Y 0-N) (Senate)
- 2024-02-18: Impact statement from TAX (HB261E) (House)
- 2024-02-14: Referred to Committee on Finance and Appropriations (Senate)
- 2024-02-14: Constitutional reading dispensed (on 1st reading) (Senate)
- 2024-02-13: VOTE: Block Vote Passage (99-Y 0-N) (House)
- 2024-02-13: Read third time and passed House BLOCK VOTE (99-Y 0-N) (House)
- 2024-02-12: Printed as engrossed 24101430D-E (House)
- 2024-02-12: Engrossed by House as amended HB261E (House)
- 2024-02-12: Committee amendment agreed to (House)
- 2024-02-12: Read second time (House)
- 2024-02-09: Read first time (House)
- 2024-02-07: Reported from Finance with amendment(s) (21-Y 0-N) (House)
- 2024-01-14: Impact statement from TAX (HB261) (House)
- 2024-01-05: Referred to Committee on Finance (House)
- 2024-01-05: Prefiled and ordered printed; offered 01/10/24 24101430D (House)

## Bill text

- Engrossed, 2024-02-12: [HTML](https://lis.virginia.gov/bill-details/20251/HB261)
- Introduced, 2024-02-08: [HTML](https://lis.virginia.gov/bill-details/20251/HB261)
- Amendment: [HTML](https://lis.virginia.gov/bill-details/20251/HB261)

## 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
- [Engrossed (HTML)](https://lis.virginia.gov/bill-details/20251/HB261)

## 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)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB261-2025 (as of 2026-10-16).