# Virginia HB563: Personal property taxation; establishes classification for major energy consumer equipment upgrades.

Virginia HB563, Personal property taxation; establishes classification for major energy consumer equipment upgrades., is a 2027 Regular Session House bill sponsored by David A. Reid (Democratic); status in committee, last action 2026-07-21 (Continued from last session) (as of 2026-10-11).

- Canonical: https://policyrisk.com/state-bill/VA-HB563-2027
- As of: 2026-10-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB563
- State: Virginia
- Session: 2027 Regular Session
- Title: Personal property taxation; establishes classification for major energy consumer equipment upgrades.
- Status: in committee
- Chamber: House
- Introduced: 2026-01-13
- Last action: 2026-07-21, Continued from last session
- Sponsor: David A. Reid (Democratic)
- Cosponsors: 0
- Subjects: Subcommittee #1
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Personal property taxation; classifications; major energy consumer equipment upgrades. Establishes a special classification for generating equipment purchased on and after July 1, 2026, for the purpose of upgrading the backup or standby power systems of a major energy consumer (i) from equipment that does not meet Tier 2 emission standards to selective catalytic reduction generators that meet or exceed Tier 4 emission standards or (ii) to meet New Source Performance Standards as enforced by the Department of Environmental Quality, as applicable. The bill provides that such equipment may be taxed at a lower rate than is applied to other tangible personal property.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: David A. Reid (Democratic), House

## Actions (7)

- 2026-07-21: Continued from last session (House)
- 2026-02-11: Continued to 2027 in Finance (Voice Vote) (House)
- 2026-02-09: House subcommittee offered (House)
- 2026-02-03: Assigned HFIN sub: Subcommittee #1 (House)
- 2026-01-31: Fiscal Impact statement From TAX (1/31/2026 3:44 pm) (House)
- 2026-01-13: Referred to Committee on Finance (House)
- 2026-01-13: Prefiled and ordered printed; Offered 01-14-2026 26104947D (House)

## Bill text

- Amendment, 2026-02-10: [HTML](https://lis.virginia.gov/bill-details/20271/HB563)
- Introduced, 2026-01-13: [HTML](https://lis.blob.core.windows.net/files/1231133.HTML), [PDF](https://lis.blob.core.windows.net/files/1231132.PDF)

## Related bills

- SB844: Licensed clinical psychologists; prescriptive authority; report. (in committee)
- HB1535: Individuals with developmental or intellectual disabilities; admissibility of statements. (introduced)
- HB1534: School service providers; deletion of student and family personal information. (introduced)
- SB843: Data centers; state permitting, local approval, moratorium, sunset. (in committee)
- SB842: High school student athletes; eligibility, enrollment. (in committee)
- SB840: Corrections, Director of the Department of; placement of inmates, Red Onion State Prison. (in committee)

## Sources
- [Amendment (HTML)](https://lis.virginia.gov/bill-details/20271/HB563)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1231133.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1231132.PDF)

## Related
- [SB844: Licensed clinical psychologists; prescriptive authority; report.](https://policyrisk.com/state-bill/VA-SB844-2027)
- [HB1535: Individuals with developmental or intellectual disabilities; admissibility of s…](https://policyrisk.com/state-bill/VA-HB1535-2027)
- [HB1534: School service providers; deletion of student and family personal information.](https://policyrisk.com/state-bill/VA-HB1534-2027)
- [SB843: Data centers; state permitting, local approval, moratorium, sunset.](https://policyrisk.com/state-bill/VA-SB843-2027)
- [SB842: High school student athletes; eligibility, enrollment.](https://policyrisk.com/state-bill/VA-SB842-2027)
- [SB840: Corrections, Director of the Department of; placement of inmates, Red Onion Sta…](https://policyrisk.com/state-bill/VA-SB840-2027)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB563-2027 (as of 2026-10-11).
