Virginia House of Delegates Committee Agendas

House Finance Committee
Chair: Watts, Vivian E.

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Meeting Date & Time: 01/29/2025 15 Minutes after adjournment of House
Location: House Committee Room B - 205
Testimony: Signup to speak or submit comments
Notes: Public testimony was previously heard on all legislation and will not be taken at this meeting.
Additional Resource(s):
Public Comments
Active item: Meeting Adjourned
Video: Archived
Committee Clerk:
804-698-1947 - Vonny Powell, Clerk
DLS Contact:
(804) 698-1863 - Rebecca Schultz, Attorney

Report of Sub 1 on 1/27

Bills reported favorably from subcommittee 1 on January 27 will be added to this block

Bill(s) Patron
HB1698 Askew Retail sales and use tax; exemption for prescription medicine and drugs purchased by veterinarians; sunset.
HB1970 Watts Tax exempt property; nonprofit institutions of learning, provisions are declaratory of existing law.
HB2049 Seibold Retail Sales and Use Tax; exemption for purchase of motor vehicle child restraint device.
HB2245 Callsen Real property tax; assessment of affordable rental housing.
HB2302 Sickles Real property tax; exemption for religious buildings, rebuilding structure.
HB2675 Simon Retail Sales and Use Tax; media-related exemptions, sunset.

Report of Sub 3 on 1/27

Bill(s) Patron
HB1598 Cole First-time Homebuyer Grant Program; established.
HB1717 Price Earned income tax credit.
HB1754 Watts Income tax; imposition of tax and standard deduction.
HB2180 Tran Child tax credit; Virginia adjusted gross income.

Report of Sub 2 on 1/28

Bills reported favorably from subcommittee 2 on January 28 will be added to this block

Bill(s) Patron
HB1979 Hernandez Wage garnishment; recovery of certain improper payment, etc., state tax debt.
HB2048 Anthony Virginia Housing Trust Fund; geographic equity impact assessment.
HB2108 Herring Motion picture production; increases aggregate cap on tax credit.
HB2681 Ballard Net operating losses; TAX, et al., to analyze treatment in Va. when compared to other states.

Bill before full Committee

HB1743 was passed by for the day on 1/20

Bill(s) Patron
HB1743 Watts License tax, local; work group to review deduction for receipts attributable to out-of-state.

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