---
type: "Bill"
title: "Income tax, corporate; returns, affiliated corporations."
description: "Income tax, corporate; returns, affiliated corporations."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2023"
identifier: "HB 1405"
citation: "Virginia HB 1405 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["McNamara"]
version_count: 3
action_count: 25
vote_count: 6
first_action: "2022-12-02"
last_action: "2023-03-26"
source: "openstates"
source_identifier: "ocd-bill/b51ea386-4e9c-4e6c-b0ad-09005f1575dc"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB1405"
source_hash: "a738061833e34dc900b4264b1ddac3af8f0ef536160b320313801bc5c3be9ad9"
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 1405 (2023) — Income tax, corporate; returns, affiliated corporations.

## Version chain

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

1. **CHAP0520** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+CHAP0520)
2. **HB1405ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB1405ER)
3. **Prefiled and ordered printed; offered 01/11/23 23100947D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB1405)

## Votes

- Reported from Finance (21-Y 0-N) — **0–0** (fail) · lower
- Passed Senate (39-Y 0-N) — **0–0** (fail) · upper
- Subcommittee recommends reporting (8-Y 0-N) — **0–0** (fail) · lower
- VOTE: Block Vote Passage (100-Y 0-N) — **0–0** (fail) · lower
- Reported from Finance and Appropriations (14-Y 0-N) — **0–0** (fail) · upper
- Constitutional reading dispensed (40-Y 0-N) — **0–0** (fail) · upper

## Sponsors

- McNamara — primary (person)

## Timeline

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

- **2022-12-02** Prefiled and ordered printed; offered 01/11/23 23100947D `filing, introduction`
- **2022-12-02** Referred to Committee on Finance `referral-committee`
- **2023-01-13** Assigned Finance sub: Subcommittee #1 `referral-committee`
- **2023-01-15** Impact statement from TAX (HB1405)
- **2023-01-16** Subcommittee recommends reporting (8-Y 0-N)
- **2023-01-18** Reported from Finance (21-Y 0-N) `committee-passage`
- **2023-01-20** Read first time `reading-1`
- **2023-01-23** Read second time and engrossed `reading-2`
- **2023-01-24** Read third time and passed House BLOCK VOTE (100-Y 0-N) `passage, reading-3`
- **2023-01-24** VOTE: Block Vote Passage (100-Y 0-N) `passage`
- **2023-01-25** Constitutional reading dispensed
- **2023-01-25** Referred to Committee on Finance and Appropriations `referral-committee`
- **2023-02-08** Reported from Finance and Appropriations (14-Y 0-N) `committee-passage`
- **2023-02-09** Constitutional reading dispensed (40-Y 0-N)
- **2023-02-10** Read third time `reading-3`
- **2023-02-10** Passed Senate (39-Y 0-N) `passage`
- **2023-02-14** Enrolled `enrolled`
- **2023-02-14** Bill text as passed House and Senate (HB1405ER) `passage`
- **2023-02-14** Signed by Speaker `passage`
- **2023-02-14** Signed by President `passage`
- **2023-02-16** Impact statement from TAX (HB1405ER)
- **2023-02-27** Enrolled Bill communicated to Governor on February 27, 2023 `enrolled, executive-receipt`
- **2023-02-27** Governor's Action Deadline 11:59 p.m., March 27, 2023 `executive-receipt`
- **2023-03-26** Approved by Governor-Chapter 520 (effective 7/1/23) `executive-signature`
- **2023-03-26** Acts of Assembly Chapter text (CHAP0520)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b51ea386-4e9c-4e6c-b0ad-09005f1575dc`. Confidence: reported (aggregated from official Virginia legislature records).