State and Local Taxation

2021 Introduced Virginia Tax Legislation

2021 Introduced Virginia…

While much of the focus on the 2021 session of the Virginia General Assembly is on a variety of non-tax, social issues, a number of bills affecting Virginia tax policy have been introduced. Below is a non-exhaustive list of those bills.

As mentioned above, this list of bills is by no means exhaustive. Furthermore, each bill does more than the short description I have provided. This list only shows the introduced bills that I think are potentially interesting. Friday, January 22 was the last day for bills to be introduced conventionally. However, there are procedures in place for bills to be introduced after the bill filing deadline. Even though it rarely happens, it is possible. There is also the practice of enacting tax policy through the annual budget. This practice has been happening since the mid-1990s. While the Governor did not include any tax policy changes in his introduced budget amendments, such changes could certainly be created by the General Assembly.

Christian Tennant is a Virginia tax attorney and former employee of the Virginia Department of Taxation. Mr. Tennant regularly speaks and writes on Virginia taxation. In his private practice he advises and represents businesses and individuals on a range of tax matters.

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