SEE LATEST
SPONSORED LEGISLATION
HB552 - Income tax, corporate; sourcing of sales other than sales of tangible personal property.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
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 2025.
STATUS
Introduced
HB89 - Taxation; rate of interest.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Taxation; rate of interest. Provides that (i) the rate of interest on omitted taxes and assessments is equal to the Underpayment Rate established by the Internal Revenue Code and (ii) the rate of interest on refunds is equal to the Overpayment Rate for noncorporate taxpayers established by the Internal Revenue Code. Current law provides that (a) the rate of interest on omitted taxes and assessments is equal to the Underpayment Rate plus two percent and (b) the rate of interest on refunds is equal to the Overpayment Rate for noncorporate taxpayers plus two percent.
STATUS
Introduced
HB542 - Revenue Stabilization Fund and Revenue Reserve Fund; required deposits.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Revenue Stabilization Fund and Revenue Reserve Fund; required deposits. Requires deposit of any revenues that would be required to be deposited in the Revenue Stabilization Fund or Revenue Reserve Fund to be deposited in the Taxpayer Relief Fund, established by the bill, in certain circumstances. Such deposits shall be made if the combined balance in the Revenue Stabilization Fund or Revenue Reserve Fund exceeds 15 percent of the Commonwealth's average annual tax revenues derived from taxes on income and retail sales.
STATUS
Introduced
HB90 - Candidates; declaration of candidacy for primary.
Joseph P. McNamara
Last updated 8 months ago
1 Co-Sponsor
Elections; candidates for office; conduct of primaries; declaration of candidacy. Provides that the declaration of candidacy include a statement that if the signer's name appears on the primary ballot and he is not nominated then his name is not to be printed on the ballots for that office in the succeeding general election.
STATUS
Passed
HB262 - Land and improvements; classification for tax purposes.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Classification of land and improvements for tax purposes; localities. Reclassifies improvements to real property located in any locality as a separate class of real property and authorizes any locality to impose a real property tax on improvements to real property at a rate of tax that is different than, but does not exceed, the general real property rate and is not zero. Under current law, such classification is allowed only for the Cities of Fairfax, Poquoson, Richmond, and Roanoke and such authorization is limited to the Cities of Fairfax, Richmond, and Roanoke. Under current law and under the bill, the City of Poquoson remains authorized to impose a real property tax at a different rate than the tax imposed upon the land on which it is located that is not zero, but such rate may exceed the general real property rate. Classification of land and improvements for tax purposes; localities. Reclassifies improvements to real property located in any locality as a separate class of real property and authorizes any locality to impose a real property tax on improvements to real property at a rate of tax that is different than, but does not exceed, the general real property rate and is not zero. Under current law, such classification is allowed only for the Cities of Fairfax, Poquoson, Richmond, and Roanoke and such authorization is limited to the Cities of Fairfax, Richmond, and Roanoke. Under current law and under the bill, the City of Poquoson remains authorized to impose a real property tax at a different rate than the tax imposed upon the land on which it is located that is not zero, but such rate may exceed the general real property rate.
STATUS
Introduced
HJR74 - International Dark Sky Week; designating as week of new moon April 2024.
David A. Reid, Joseph P. McNamara, Geary M. Higgins
Last updated 9 months ago
3 Co-Sponsors
International Dark Sky Week. Designates the week of the new moon in April, in 2024 and in each succeeding year, as International Dark Sky Week in Virginia.
STATUS
Passed
HB263 - Retail Sales and Use Tax; accommodations for transients.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Sales and use tax; accommodations for transients. Provides that the term "retail sale" shall include the sale of accommodations to transients for less than 30 days. Under current law, "retail sale" includes such sales to transients for less than 90 days.
STATUS
Introduced
HB551 - Income tax, corporate; apportionment of income using single sales factor method.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Corporate income tax; apportionment. Allows, for taxable years beginning on and after January 1, 2024, for corporations to apportion their income to the Commonwealth using the single sales factor method. The bill provides that such apportionment method shall be used only if the corporation makes an election to do so.
STATUS
Introduced
HB540 - Sales and use tax; exemption for food purchased for human consumption & essential personal hygiene.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Sales tax; exemption for food purchased for human consumption and essential personal hygiene products. Provides an exemption from local sales and use tax beginning July 1, 2024, for food purchased for human consumption and essential personal hygiene products. The bill also provides an allocation of state revenues to fund the distribution to localities for funding that would have been distributed to them absent the exemption created by the bill. Under current law, such products are exempt from state sales and use tax but are subject to the standard local rate of one percent.
STATUS
Introduced
HB1328 - Transient occupancy taxes; changes to administration of tax.
Joseph P. McNamara
Last updated 11 months ago
1 Co-Sponsor
Transient occupancy taxes; administration. Makes changes to the administration of transient occupancy taxes by requiring the Department of Taxation, instead of the locality, to collect such taxes. The bill directs accommodations intermediaries to file aggregated returns with the Department, which shall include the gross receipts, applicable tax rates, amounts due to each locality, and other information. The bill provides that the Department shall then distribute such tax revenues to the applicable locality. The bill also directs the Department to contract with a third-party provider for development of an electronic interface that enables accommodations intermediaries, beginning on July 1, 2025, to provide a single filing and remittance system for transient occupancy taxes due for all localities.
STATUS
Introduced
BIOGRAPHY
INCUMBENT
Representative from Virginia district HD-008
COMMITTEES
Virginia House
BIRTH
--
ABOUT
--
OFFICES HELD
Virginia House from Virginia
NEXT ELECTION
