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Virginia bills · 2026 Regular Session

Virginia HB 960

Personal property taxes; valuation, effective clause.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

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Summary

Official abstract published by the Virginia legislature· SUMMARY AS PASSED HOUSE

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.

Text versions

Roll-call votes

State vote data last updated Oct 15, 2026, 8:06 AM.

DateVoteResultYour legislators
Mar 3, 2026
Senate
Continued to next session in Finance and AppropriationspassSet your home in Virginia to see
Feb 3, 2026
House
H VOTE:passSet your home in Virginia to see
Jan 28, 2026
House
Reported from Finance with amendment(s)passSet your home in Virginia to see
Jan 27, 2026
House
Subcommittee recommends reporting with amendment(s)passSet your home in Virginia to see

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