Virginia · 2025 Regular Session · Bill
SB 459: Income tax, state; rolling conformity.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 459 is a bill introduced in the Virginia Senate on January 9, 2024. According to its official title, it concerns: Income tax, state; rolling conformity. Primary sponsor: Dave Marsden (Democratic). Most recent recorded action (November 19, 2024): Left in Finance and Appropriations.
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; rolling conformity. Provides that when Virginia does not conform on a rolling basis to federal tax laws due to any changes in a single act of Congress with an impact of more than $15 million on revenues in the year in which the amendment was enacted or any of the next four years, such nonconformity shall not be considered for purposes of calculating the nonconformity threshold for all amendments in a year with a cumulative projected impact of more than $75 million in the year in which the amendments were enacted or any of the next four years.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dave Marsden | Primary sponsor | Democratic | Senate | 35 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance and Appropriations
- Continued to 2025 in Finance and Appropriations (13-Y 2-N)
- Senate subcommittee amendments and substitutes offered
- Impact statement from TAX (SB459)
- Referred to Committee on Finance and Appropriations
- Prefiled and ordered printed; offered 01/10/24 24101327D