HB 609 Virginia 2027 session

Income tax, corporate; sourcing of sales, other than sales of tangible personal property.

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 with taxable year 2027.

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

In committee — last recorded action July 21, 2026

Continued from last session

Passage likelihood

Not enough recorded signal to estimate this bill's chances.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. Continued from last session
  2. House committee offered
  3. Continued to next session in Finance (Voice Vote)
  4. House committee offered
  5. Fiscal Impact statement From TAX (2/8/2026 2:03 pm)
  6. Assigned HFIN sub: Subcommittee #1
  7. Referred to Committee on Finance
  8. Prefiled and ordered printed; Offered 01-14-2026 26101765D
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