Legislation: batch E — CA TN VA VT WA WI WV WY

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/va/2025/hb-2653.md

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+---
+type: "Bill"
+title: "Qualified equity and subordinated debt investments tax credit; sunset."
+description: "Qualified equity and subordinated debt investments tax credit; sunset. Provides that the qualified equity and subordinated debt investments tax credit expires after taxable year 2025."
+jurisdiction: "us/states/va"
+legislature: "Virginia General Assembly"
+session: "2025"
+identifier: "HB 2653"
+citation: "Virginia HB 2653 (2025)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: ["Elizabeth B. Bennett-Parker"]
+version_count: 3
+action_count: 26
+vote_count: 6
+first_action: "2025-01-14"
+last_action: "2025-03-21"
+source: "openstates"
+source_identifier: "ocd-bill/8f898c9e-83a8-48e2-bea4-847f6dc7e650"
+source_url: "https://lis.virginia.gov/bill-details/20251/HB2653"
+source_hash: "fe4a62c6b520201eb74c5615e30a10e8d5aa615cf23e2ce46a07afcb2b843db0"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-va"]
+---
+
+# Virginia HB 2653 (2025) — Qualified equity and subordinated debt investments tax credit; sunset.
+
+Qualified equity and subordinated debt investments tax credit; sunset. Provides that the qualified equity and subordinated debt investments tax credit expires after taxable year 2025.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1020591.PDF)
+2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1072478.PDF)
+3. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1050289.PDF)
+
+## Votes
+
+- Reported from Finance and Appropriations (15-Y 0-N) — **15–0** (pass) · upper
+- Constitutional reading dispensed (on 2nd reading) (40-Y 0-N) — **40–0** (pass) · upper
+- Subcommittee recommends reporting (8-Y 0-N) — **8–0** (pass) · lower
+- Passed Senate (39-Y 0-N) — **39–0** (pass) · upper
+- Read third time and passed House (99-Y 0-N) — **99–0** (pass) · lower
+- Reported from Finance (22-Y 0-N) — **22–0** (pass) · lower
+
+## Sponsors
+
+- Elizabeth B. Bennett-Parker — primary (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2025-01-14** Presented and ordered printed 25104905D `introduction`
+- **2025-01-14** Referred to Committee on Finance `referral-committee`
+- **2025-01-20** Assigned Finance sub: Subcommittee #2 `referral-committee`
+- **2025-01-21** Impact statement from TAX (HB2653)
+- **2025-01-21** Subcommittee recommends reporting (8-Y 0-N)
+- **2025-01-22** Reported from Finance (22-Y 0-N) `committee-passage`
+- **2025-01-24** Read first time `reading-1`
+- **2025-01-27** Read second time and engrossed `reading-2`
+- **2025-01-28** Read third time and passed House (99-Y 0-N) `passage, reading-3`
+- **2025-01-29** Constitutional reading dispensed (on 1st reading)
+- **2025-01-29** Referred to Committee on Finance and Appropriations `referral-committee`
+- **2025-02-11** Reported from Finance and Appropriations (15-Y 0-N) `committee-passage`
+- **2025-02-11** Rules suspended
+- **2025-02-11** Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
+- **2025-02-11** Passed by for the day
+- **2025-02-12** Read third time `reading-3`
+- **2025-02-12** Passed Senate (39-Y 0-N) `passage`
+- **2025-02-17** Enrolled `enrolled`
+- **2025-02-17** Bill text as passed House and Senate (HB2653ER) `passage`
+- **2025-02-17** Impact statement from TAX (HB2653)
+- **2025-02-17** Signed by Speaker `passage`
+- **2025-02-20** Signed by President `passage`
+- **2025-03-03** Enrolled Bill communicated to Governor on March 3, 2025 `enrolled, executive-receipt`
+- **2025-03-03** Governor's Action Deadline 11:59 p.m., March 24, 2025 `executive-receipt`
+- **2025-03-21** Approved by Governor-Chapter 306 (Effective 07/01/25) `executive-signature`
+- **2025-03-21** Acts of Assembly Chapter text (CHAP0306)
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8f898c9e-83a8-48e2-bea4-847f6dc7e650`. Confidence: reported (aggregated from official Virginia legislature records).
+