VirginiaHB4002026 Regular SessionHouseWALLET

Motion picture production; increases aggregate cap on tax credit, extends sunset.

Sponsored By: Charniele L. Herring (Democratic)

Signed by Governor

Summary

Motion picture production tax credit; sunset extended. Extends the motion picture production tax credit sunset date from taxable year 2026 to taxable year 2030. This bill is identical to SB 612.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Longer tax breaks for Virginia filmmakers

The law extends Virginia’s refundable production tax credit to tax years starting before January 1, 2031, instead of January 1, 2027. Productions must be filmed in Virginia, with at least $250,000 in qualifying expenses. The base credit covers 15% of qualifying expenses, or 20% for filming in designated economically distressed areas. Additional credits reward hiring Virginia residents, including first-time actors and crew members. The law also raises the total credit cap, though the supplied materials do not clearly identify the new amount.

Sponsors & Cosponsors

Sponsor

  • Charniele L. Herring

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 314 • No: 84

Senate vote • 3/4/2026

Passed Senate with substitute

Yes: 25 • No: 15

Senate vote • 3/4/2026

Reconsideration of Senate passage agreed to by Senate

Yes: 40 • No: 0

Senate vote • 3/4/2026

Passed Senate with substitute

Yes: 24 • No: 16

House vote • 3/4/2026

Senate substitute agreed to by House

Yes: 70 • No: 24

Senate vote • 3/4/2026

Senator Pillion Substitute agreed to

Yes: 0 • No: 0

Senate vote • 3/3/2026

Reported from Finance and Appropriations

Yes: 12 • No: 3

Senate vote • 3/3/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote • 3/3/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

House vote • 2/17/2026

Read third time and passed House

Yes: 74 • No: 23

House vote • 2/11/2026

Reported from Finance with amendment(s)

Yes: 18 • No: 3

House vote • 2/9/2026

Subcommittee recommends reporting with amendment(s)

Yes: 11 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0795)

    4/13/2026Governor
  2. Approved by Governor-Chapter 795 (effective 7/1/2026)

    4/13/2026Governor
  3. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/14/2026Governor
  4. Enrolled Bill communicated to Governor on March 14, 2026

    3/14/2026House
  5. Signed by Speaker

    3/12/2026House
  6. Fiscal Impact statement From TAX (3/11/2026 9:17 am)

    3/11/2026House
  7. Bill text as passed House and Senate (HB400ER)

    3/11/2026House
  8. Enrolled

    3/11/2026House
  9. Signed by President

    3/11/2026Senate
  10. Senate substitute agreed to by House (70-Y 24-N 0-A)

    3/4/2026House
  11. Passed Senate with substitute (24-Y 16-N 0-A)

    3/4/2026Senate
  12. Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)

    3/4/2026Senate
  13. Passed Senate with substitute (25-Y 15-N 0-A)

    3/4/2026Senate
  14. Senator Pillion Substitute agreed to

    3/4/2026Senate
  15. Floor Offered

    3/4/2026Senate
  16. Engrossed by Senate - floor substitute

    3/4/2026Senate
  17. Reading of substitute waived

    3/4/2026Senate
  18. Read third time

    3/4/2026Senate
  19. Passed by for the day Block Vote (Voice Vote)

    3/3/2026Senate
  20. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    3/3/2026Senate
  21. Rules suspended

    3/3/2026Senate
  22. Reported from Finance and Appropriations (12-Y 3-N)

    3/3/2026Senate
  23. Fiscal Impact statement From TAX (2/19/2026 1:51 pm)

    2/19/2026House
  24. Referred to Committee on Finance and Appropriations

    2/18/2026Senate
  25. Constitutional reading dispensed (on 1st reading)

    2/18/2026Senate

Bill Text

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