Tangible personal property; miscellaneous and incidental property. (HB2098)

Introduced By

Del. David Toscano (D-Charlottesville) with support from co-patrons Del. Rob Bell (R-Charlottesville), Del. Glenn Davis (R-Virginia Beach), Del. Matt Fariss (R-Rustburg), Del. Steve Landes (R-Weyers Cave), and Del. Ed Scott (R-Culpeper)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Tangible personal property; miscellaneous and incidental property. Declares miscellaneous and incidental property with an original cost of less than $250 as a separate classification of tangible personal property. The bill clarifies that when reporting such property, a taxpayer may provide an aggregate estimate of the total value of such property instead of an itemized list. The bill also authorizes a locality to tax such property at a separate rate of taxation not to exceed the rate imposed on general tangible personal property. Read the Bill »


Bill Has Passed


01/14/2015Prefiled and ordered printed; offered 01/14/15 15100964D
01/14/2015Referred to Committee on Finance
01/20/2015Assigned Finance sub: Subcommittee #1
01/25/2015Impact statement from TAX (HB2098)
01/28/2015Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
02/04/2015Reported from Finance with amendments (20-Y 1-N) (see vote tally)
02/06/2015Read first time
02/09/2015Read second time
02/09/2015Committee amendments agreed to
02/09/2015Engrossed by House as amended HB2098E
02/09/2015Printed as engrossed 15100964D-E
02/10/2015Read third time and passed House (97-Y 3-N)
02/10/2015VOTE: PASSAGE (97-Y 3-N) (see vote tally)
02/11/2015Constitutional reading dispensed
02/11/2015Referred to Committee on Finance
02/13/2015Impact statement from TAX (HB2098E)
02/17/2015Reported from Finance (13-Y 0-N) (see vote tally)
02/18/2015Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/19/2015Read third time
02/19/2015Passed Senate (38-Y 0-N) (see vote tally)
02/24/2015Bill text as passed House and Senate (HB2098ER)
02/25/2015Signed by Speaker
02/26/2015G Governor's Action Deadline Midnight, Monday, March 30, 2015
02/26/2015Signed by President
02/26/2015Enrolled Bill communicated to Governor on 2/26/15
02/26/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/02/2015Impact statement from TAX (HB2098ER)
03/23/2015G Approved by Governor-Chapter 487 (effective 7/1/15)
03/23/2015G Acts of Assembly Chapter text (CHAP0487)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 1 minute.