Virginia · 2025 Regular Session · Bill
SB 1456: Income tax, corporate; sourcing of sales other than sales of tangible personal property.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1456 is a bill introduced in the Virginia Senate on January 17, 2025. According to its official title, it concerns: Income tax, corporate; sourcing of sales other than sales of tangible personal property. Primary sponsor: Mark Obenshain (Republican). Most recent recorded action (January 28, 2025): Passed by indefinitely in Finance and Appropriations (10-Y 5-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.
Corporate income tax; sourcing of sales other than sales of tangible personal property. Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia beginning in taxable year 2026.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mark Obenshain | Primary sponsor | Republican | Senate | 2 |
“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 5-N)
- Impact statement from TAX (SB1456)
- Referred to Committee on Finance and Appropriations
- Presented and ordered printed 25104690D