# Virginia HB960: Personal property taxes; valuation, effective clause.

Virginia HB960, Personal property taxes; valuation, effective clause., is a 2026 Regular Session House bill sponsored by Vivian E. Watts (Democratic); status passed house, last action 2026-03-03 (Continued to 2027 in Finance and Appropriations (15-Y 0-N)) (as of 2026-10-13).

- Canonical: https://policyrisk.com/state-bill/VA-HB960-2026
- As of: 2026-10-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB960
- State: Virginia
- Session: 2026 Regular Session
- Title: Personal property taxes; valuation, effective clause.
- Status: passed house
- Chamber: House
- Introduced: 2026-01-13
- Last action: 2026-03-03, Continued to 2027 in Finance and Appropriations (15-Y 0-N)
- Sponsor: Vivian E. Watts (Democratic)
- Cosponsors: 0
- Subjects: Finance and Appropriations
- Touches household money: no
- Roll calls: 4 (144 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Personal property taxes; valuation. Requires that tangible personal property employed in a trade or business, other than such property set out for different valuation in current law, shall be valued by means of a percentage or percentages of original cost to the taxpayer. Current law requires such property to be valued only by means of a percentage or percentages of original cost. The provisions of this bill do not become effective unless reenacted by the 2027 Session of the General Assembly.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Vivian E. Watts (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-03 | Senate | Continued to 2027 in Finance and Appropriations | pass | 15 | 0 |   |
| 2026-02-03 | House | Read third time and passed House Block Vote | pass | 98 | 0 |   |
| 2026-01-28 | House | Reported from Finance with amendment(s) | pass | 21 | 0 |   |
| 2026-01-27 | House | Subcommittee recommends reporting with amendment(s) | pass | 10 | 0 |   |

## Actions (16)

- 2026-03-03: Continued to 2027 in Finance and Appropriations (15-Y 0-N) (Senate)
- 2026-02-17: Fiscal Impact statement From TAX (2/17/2026 4:03 pm) (House)
- 2026-02-04: Referred to Committee on Finance and Appropriations (Senate)
- 2026-02-04: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-03: Read third time and passed House Block Vote (98-Y 0-N 0-A) (House)
- 2026-02-02: Engrossed by House as amended (House)
- 2026-02-02: committee amendment agreed to (House)
- 2026-02-02: Read second time (House)
- 2026-01-30: Read first time (House)
- 2026-01-29: House committee offered (House)
- 2026-01-28: Reported from Finance with amendment(s) (21-Y 0-N) (House)
- 2026-01-28: House subcommittee offered (House)
- 2026-01-27: Subcommittee recommends reporting with amendment(s) (10-Y 0-N) (House)
- 2026-01-21: Fiscal Impact statement From TAX (1/21/2026 8:29 pm) (House)
- 2026-01-13: Referred to Committee on Finance (House)
- 2026-01-13: Prefiled and ordered printed; Offered 01-14-2026 26104842D (House)

## Bill text

- Engrossed, 2026-02-02: [HTML](https://lis.blob.core.windows.net/files/1103938.HTML), [PDF](https://lis.blob.core.windows.net/files/1103937.PDF)
- Amendment, 2026-01-29: [HTML](https://lis.blob.core.windows.net/files/1103089.HTML), [HTML](https://lis.blob.core.windows.net/files/1098889.HTML), [HTML](https://lis.blob.core.windows.net/files/1100772.HTML)
- Introduced, 2026-01-13: [HTML](https://lis.blob.core.windows.net/files/1086689.HTML), [PDF](https://lis.blob.core.windows.net/files/1086688.PDF)

## Related bills

- HB5: Employment; paid sick leave, civil penalties. (signed)
- SB199: Employment; paid sick leave, civil penalties. (signed)
- HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with rental agreement. (signed)
- HB1393: Electric utilities; pilot program for energy assistance and weatherization for certain individuals. (signed)
- HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, termination by landlord. (signed)
- HB675: Protection of employees; coercion or threat based on immigration status, civil penalty. (signed)

## Sources
- [Engrossed (HTML)](https://lis.blob.core.windows.net/files/1103938.HTML)
- [Engrossed (PDF)](https://lis.blob.core.windows.net/files/1103937.PDF)
- [Amendment (HTML)](https://lis.blob.core.windows.net/files/1103089.HTML)
- [Amendment (HTML)](https://lis.blob.core.windows.net/files/1098889.HTML)
- [Amendment (HTML)](https://lis.blob.core.windows.net/files/1100772.HTML)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1086689.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1086688.PDF)

## Related
- [HB5: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-HB5-2026)
- [SB199: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-SB199-2026)
- [HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with…](https://policyrisk.com/state-bill/VA-HB95-2026)
- [HB1393: Electric utilities; pilot program for energy assistance and weatherization for…](https://policyrisk.com/state-bill/VA-HB1393-2026)
- [HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, terminat…](https://policyrisk.com/state-bill/VA-HB834-2026)
- [HB675: Protection of employees; coercion or threat based on immigration status, civil…](https://policyrisk.com/state-bill/VA-HB675-2026)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB960-2026 (as of 2026-10-13).