VirginiaRounding procedures; taxes and fees calculated, report.
What it does
Rounding procedures. Provides for rounding procedures in certain cash transactions and authorizes the governing body of a locality to by ordinance set temporary procedures for the adjustment of bills and account balances for taxes and other charges due to the locality to account for the cessation of production of the penny coin by the United States Mint until July 1, 2027. The bill also directs the Department of Taxation to evaluate options and recommend a uniform procedure for such adjustments and balances for all localities of the Commonwealth and report its findings and recommendations no later than November 1, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Approved by Governor Abigail Spanberger-Chapter 713 (effective 7/1/2026)Became Law
- Mar 23Fiscal Impact statement From TAX (3/23/2026 9:36 am)
- Mar 14Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 14Enrolled Bill communicated to Governor on March 14, 2026Minor
- Mar 13Signed by PresidentMajor
- Mar 13Signed by SpeakerMajor
- Mar 13Bill text as passed House and Senate (HB954ER)Major
- Mar 13EnrolledMinor
- Mar 6Senate substitute agreed to by House (97-Y 0-N 0-A)Major
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 4Passed Senate with substitute Block Vote (40-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Mar 4Engrossed by Senate - committee substituteMajor
- Mar 4Finance and Appropriations Substitute agreed to
- Mar 4Read third timeMinor
- Mar 4Committee substitute printed 26109042D-S1Major
- Mar 3Passed by for the day (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Vote recorded Reported from Finance and Appropriations with substitute. Result: pass.Upper
- Mar 3Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)
- Mar 3Rules suspended
- Mar 3Reported from Finance and Appropriations with substitute (15-Y 0-N)Minor
- Feb 21Fiscal Impact statement From TAX (2/21/2026 3:02 pm)
- Feb 18Referred to Committee on Finance and AppropriationsMinor
- Feb 18Constitutional reading dispensed (on 1st reading)
- Feb 17Read third time and passed House (97-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 16Engrossed by House - committee substituteMajor
- Feb 16committee substitute agreed toMajor
- Feb 16Read second timeMinor
- Feb 13Read first timeMinor
- Feb 12Committee substitute printed 26107179D-H1Major
- Feb 11Reported from Finance with substitute (21-Y 0-N)Minor
- Vote recorded Reported from Finance with substitute. Result: pass.Lower
- Feb 10Subcommittee recommends reporting with substitute (10-Y 0-N)Major
- Vote recorded Subcommittee recommends reporting with substitute. Result: pass.Lower
- Feb 10House subcommittee offered
- Feb 9House subcommittee offered
- Feb 6Assigned HFIN sub: Subcommittee #2Minor
- Jan 26Fiscal Impact statement From TAX (1/26/2026 9:36 pm)
- Jan 13Referred to Committee on FinanceMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26102500DIntroduced