OFFERED FOR CONSIDERATION 1/21/2026
HOUSE BILL NO. 977
AMENDMENT IN THE NATURE OF A SUBSTITUTE
(Proposed by the House Committee on Finance
on ________________)
(Patron Prior to Substitute—Delegate Watts)
A BILL to amend and reenact §§ 58.1-301 , 58.1-322 , 58.1-322.03 , and 58.1-402 of the Code of Virginia, relating to conformity of the tax laws of the Commonwealth to the Internal Revenue Code; taxation provisions.
Be it enacted by the General Assembly of Virginia:
1. That §§ 58.1-301 , 58.1-322 , 58.1-322.03 , and 58.1-402 of the Code of Virginia are amended and reenacted as follows:
§ 58.1-301 . Conformity to Internal Revenue Code.