Virginia · 2025 Regular Session · Bill
HB 1997: Income tax, state; pass-through entities, sunset.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1997 is a bill introduced in the Virginia House on January 7, 2025. According to its official title, it concerns: Income tax, state; pass-through entities, sunset. Primary sponsor: Joe McNamara (Republican). Most recent recorded action (February 5, 2025): Passed by indefinitely in Finance and Appropriations (10-Y 3-N).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Income tax; pass-through entities; sunset. Removes the sunset for the elective entity level tax on pass-through entities that is currently set to expire after taxable year 2025.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Joe McNamara | Primary sponsor | Republican | House | 40 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Finance and Appropriations (10-Y 3-N)
- Referred to Committee on Finance and Appropriations
- Constitutional reading dispensed (on 1st reading)
- Read third time and passed House (92-Y 6-N)
- Read second time and engrossed
- Read first time
- Reported from Finance (17-Y 5-N)
- Subcommittee recommends reporting (6-Y 2-N)
- Assigned Finance sub: Subcommittee #2
- Impact statement from TAX (HB1997)
- Referred to Committee on Finance
- Prefiled and ordered printed; Offered 01-13-2025 25101843D