Virginia bills · 2026 Regular Session
Virginia SB 799
Tangible personal property tax relief; rate of taxation.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Tara A. Durant (Republican)
Cosponsors (17)
- Phillip A. Scott (Republican)
- Delores Oates (Republican)
- Karen Hamilton (Republican)
- Hyland F. "Buddy" Fowler, Jr. (Republican)
- Mike A. Cherry (Republican)
- Glen H. Sturtevant, Jr. (Republican)
- Bryce E. Reeves (Republican)
- Todd E. Pillion (Republican)
- Mark J. Peake (Republican)
- Tammy Brankley Mulchi (Republican)
- Ryan T. McDougle (Republican)
- Emily M. Jordan (Republican)
- Christopher T. Head (Republican)
- T. Travis Hackworth (Republican)
- Timmy French (Republican)
- Luther Cifers, III (Republican)
- J.D. "Danny" Diggs (Republican)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS INTRODUCED
Tangible personal property tax relief; rate of taxation. Removes the $950 million cap, beginning in tax year 2027 and all tax years thereafter, on the amount of tangible personal property tax relief reimbursed to localities by the Commonwealth. The bill requires, for tax year 2027 and all tax years thereafter, each county, city, or town to reduce its local tax rate on qualifying vehicles to no greater than $0.00000001 per $100 of assessed value of the qualifying vehicle.
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 8:06 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 3, 2026 Senate | Passed by indefinitely in Finance and Appropriations | pass | Set your home in Virginia to see |
Actions
- Feb 3, 2026 · Senate
Passed by indefinitely in Finance and Appropriations (10-Y 5-N) - Jan 29, 2026 · Senate
Fiscal Impact statement From TAX (1/29/2026 11:07 am) - Jan 23, 2026 · Senate
Referred to Committee on Finance and Appropriations - Jan 23, 2026 · Senate
Presented and ordered printed 26105863D