SB 646: Fiscal impact statements and estimates; citizen impacts included.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Citizen impacts included in fiscal impact statements and estimates. Requires any fiscal impact statement or other estimate of costs prepared for a legislative bill by the Department of Planning and Budget, the Department of Taxation, the Commission on Local Government, the Virginia Criminal Sentencing Commission, the Virginia Retirement System, or any other agency of the Commonwealth to include a clear and conspicuous estimate of any potential citizen impacts attributable to such legislation, and requires the Joint Legislative Audit and Review Commission, at the request of any member of the General Assembly, to review a piece of legislation and prepare a statement reflecting (i) the potential fiscal impact of such legislation on the operations of state government and (ii) any potential citizen impacts of such legislation. The bill defines "citizen impact" as any increase in personal fiscal impacts on a majority of residents of the Commonwealth estimated to result from the enactment of legislation before the General Assembly, including any inflationary impacts and increases in any (a) taxes, (b) costs associated with the use of electricity and fuel, (c) insurance premiums paid by policyholders, and (d) other generally applicable costs of legislation that will be borne by a majority of Virginia residents.

Sponsors

Sponsors by party (alphabetical): Republican 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. January 30, 2026Passed by indefinitely in Rules (11-Y 3-N)
2. January 30, 2026Fiscal Impact Statement from Department of Planning and Budget (SB646)
3. January 14, 2026Referred to Committee on Rules
4. January 14, 2026Prefiled and ordered printed; Offered 01-14-2026 26104890D