VirginiaHB5572026 Regular SessionHouseWALLET

Tangible personal property tax; establishes classification for electric landscaping equipment.

Sponsored By: Atoosa R. Reaser (Democratic)

Signed by Governor

Summary

Tangible personal property tax; electric landscaping equipment. Establishes a separate classification of tangible personal property for electric-powered landscaping equipment employed in a trade or business and used to maintain commercial, public, or private gardens, lawns, trees, shrubs, or other plants, including lawn mowers, edgers, trimmers, leaf blowers, and chainsaws. Such property may be taxed by a locality at a rate not to exceed that applied to the general class of tangible personal property.

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Bill Overview

Analyzed Economic Effects

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

Business tax caps for electric landscaping equipment

Virginia creates a separate local property tax class for electric landscaping equipment used in a trade or business. It must maintain commercial, public, or private gardens, lawns, trees, shrubs, or other plants. It must run solely on batteries or power from an electric outlet. Counties, cities, and towns can set a separate tax rate for this equipment. Its tax and assessment rates cannot exceed those for general tangible personal property. This cap does not guarantee a lower tax bill; savings depend on local rates and the equipment’s assessed value.

Sponsors & Cosponsors

Sponsor

  • Atoosa R. Reaser

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 154 • No: 68

Senate vote • 3/2/2026

Passed Senate

Yes: 21 • No: 19

Senate vote • 2/26/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote • 2/26/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 2/25/2026

Reported from Finance and Appropriations

Yes: 9 • No: 4

House vote • 2/10/2026

Read third time and passed House

Yes: 62 • No: 35

House vote • 2/4/2026

Reported from Finance

Yes: 15 • No: 7

House vote • 2/3/2026

Subcommittee recommends reporting

Yes: 7 • No: 3

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0403)

    4/8/2026Governor
  2. Approved by Governor-Chapter 403 (effective 7/1/2026)

    4/8/2026Governor
  3. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/10/2026Governor
  4. Enrolled Bill communicated to Governor on March 10, 2026

    3/10/2026House
  5. Fiscal Impact statement From TAX (3/6/2026 11:35 am)

    3/6/2026House
  6. Bill text as passed House and Senate (HB557ER)

    3/6/2026House
  7. Enrolled

    3/6/2026House
  8. Signed by President

    3/6/2026Senate
  9. Signed by Speaker

    3/6/2026House
  10. Passed Senate (21-Y 19-N 0-A)

    3/2/2026Senate
  11. Passed by for the day

    2/27/2026Senate
  12. Read third time

    2/27/2026Senate
  13. Passed by for the day Block Vote (Voice Vote)

    2/26/2026Senate
  14. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    2/26/2026Senate
  15. Rules suspended

    2/26/2026Senate
  16. Reported from Finance and Appropriations (9-Y 4-N)

    2/25/2026Senate
  17. Referred to Committee on Finance and Appropriations

    2/11/2026Senate
  18. Constitutional reading dispensed (on 1st reading)

    2/11/2026Senate
  19. Read third time and passed House (62-Y 35-N 0-A)

    2/10/2026House
  20. Read second time and engrossed

    2/9/2026House
  21. Read first time

    2/6/2026House
  22. Reported from Finance (15-Y 7-N)

    2/4/2026House
  23. Subcommittee recommends reporting (7-Y 3-N)

    2/3/2026House
  24. Assigned HFIN sub: Subcommittee #2

    2/3/2026House
  25. Fiscal Impact statement From TAX (1/19/2026 3:14 pm)

    1/19/2026House

Bill Text

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