---
type: "Bill"
title: "Tangible personal property tax; classes of property, satellites."
description: "Tangible personal property tax; classes of property; satellites. Extends the sunset date for the classification of tangible personal property used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement District as a separate class of property from June 30, 2019, to June 30, 2029. This bill is identical to HB 724."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2020"
identifier: "SB 273"
citation: "Virginia SB 273 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["John J. Bell"]
version_count: 4
action_count: 30
vote_count: 7
first_action: "2020-01-03"
last_action: "2020-03-02"
source: "openstates"
source_identifier: "ocd-bill/78daa982-1a6f-483c-a1e7-bf56d5d949e3"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB273"
source_hash: "d5d19188d9e35ecaeac0aa3d03ab9ce6f013d6070b71ce87b0847256e86ceb03"
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 SB 273 (2020) — Tangible personal property tax; classes of property, satellites.

Tangible personal property tax; classes of property; satellites. Extends the sunset date for the classification of tangible personal property used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement District as a separate class of property from June 30, 2019, to June 30, 2029. This bill is identical to HB 724.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Acts of Assembly Chapter text (CHAP0064)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0064)
2. **Bill text as passed Senate and House (SB273ER)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB273ER)
3. **Engrossed by Senate as amended SB273E** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB273E)
4. **Impact statement from TAX (SB273)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB273)

## Votes

- Reported from Finance and Appropriations with amendment (16-Y 0-N) — **16–0** (pass) · upper
- Reconsideration of passage agreed to by Senate (40-Y 0-N) — **40–0** (pass) · upper
- Read third time and passed Senate (31-Y 9-N) — **31–9** (pass) · upper
- VOTE: Block Vote Passage (100-Y 0-N) — **99–0** (pass) · lower
- Passed Senate (38-Y 2-N) — **38–2** (pass) · upper
- Reported from Finance (22-Y 0-N) — **22–0** (pass) · lower
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper

## Sponsors

- John J. Bell — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-01-03** Prefiled and ordered printed; offered 01/08/20 20102630D `introduction`
- **2020-01-03** Referred to Committee on Finance and Appropriations `referral-committee`
- **2020-01-08** Moved from Finance to Finance and Appropriations due to a change of the committee name
- **2020-01-12** Impact statement from TAX (SB273)
- **2020-01-15** Reported from Finance and Appropriations with amendment (16-Y 0-N) `committee-passage`
- **2020-01-16** Constitutional reading dispensed (40-Y 0-N)
- **2020-01-17** Read second time `reading-2`
- **2020-01-17** Reading of amendment waived
- **2020-01-17** Committee amendment agreed to
- **2020-01-17** Engrossed by Senate as amended SB273E
- **2020-01-17** Printed as engrossed 20102630D-E
- **2020-01-20** Read third time and passed Senate (31-Y 9-N) `passage, reading-3`
- **2020-01-20** Reconsideration of passage agreed to by Senate (40-Y 0-N)
- **2020-01-20** Passed Senate (38-Y 2-N) `passage`
- **2020-02-11** Impact statement from TAX (SB273E)
- **2020-02-12** Placed on Calendar
- **2020-02-12** Read first time `reading-1`
- **2020-02-12** Referred to Committee on Finance `referral-committee`
- **2020-02-12** Reported from Finance (22-Y 0-N) `committee-passage`
- **2020-02-14** Read second time `reading-2`
- **2020-02-17** Read third time `reading-3`
- **2020-02-17** Passed House BLOCK VOTE (100-Y 0-N) `passage`
- **2020-02-17** VOTE: Block Vote Passage (100-Y 0-N)
- **2020-02-19** Enrolled
- **2020-02-19** Signed by Speaker
- **2020-02-20** Signed by President
- **2020-02-21** Impact statement from TAX (SB273ER)
- **2020-02-24** Enrolled Bill Communicated to Governor on February 24, 2020
- **2020-02-24** Governor's Action Deadline 11:59 p.m., March 2, 2020
- **2020-03-02** Approved by Governor-Chapter 64 (effective 1/1/19) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/78daa982-1a6f-483c-a1e7-bf56d5d949e3`. Confidence: reported (aggregated from official Virginia legislature records).