Income tax, corporate; sourcing of sales, other than sales of tangible personal property.
Sponsored By: Joseph P. McNamara (Republican)
In Committee
Summary
Corporate income tax; sourcing of sales, other than sales of tangible personal property. Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia, beginning with taxable year 2027.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Joseph P. McNamara
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Continued from last session
7/21/2026HouseHouse committee offered
2/12/2026HouseContinued to 2027 in Finance (Voice Vote)
2/11/2026HouseHouse committee offered
2/11/2026HouseFiscal Impact statement From TAX (2/8/2026 2:03 pm)
2/8/2026HouseAssigned HFIN sub: Subcommittee #1
2/5/2026HouseReferred to Committee on Finance
1/13/2026HousePrefiled and ordered printed; Offered 01-14-2026 26101765D
1/13/2026House
Bill Text
Amendment
2/12/2026
Introduced
1/13/2026
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