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---
type: "Bill"
title: "Merchants' capital tax; classification."
description: "Merchants' capital tax; classification."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2018"
identifier: "HB 119"
citation: "Virginia HB 119 (2018)"
classification: ["bill"]
subjects: ["Taxation", "Trade and Commerce"]
status: "enacted"
primary_sponsors: ["Robert M. \"Bob\" Thomas, Jr."]
version_count: 3
action_count: 15
vote_count: 6
first_action: "2017-12-15"
last_action: "2018-02-26"
source: "openstates"
source_identifier: "ocd-bill/fabd93b2-533c-424d-b364-89b33618bab9"
source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB119"
source_hash: "4c2f6f3d85ee31acf5942d46e2d1de648bec91fc14b046b8b22b2d74646e1f2f"
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 119 (2018) — Merchants' capital tax; classification.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Governor: Acts of Assembly Chapter text (CHAP0023)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+CHAP0023)
2. **House: Bill text as passed House and Senate (HB119ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB119ER)
3. **House: Prefiled and ordered printed; offered 01/10/18 18101758D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB119)
## Votes
- Passed Senate — **380** (pass) · legislature
- Reported from Finance — **211** (pass) · legislature
- Read third time and passed House — **943** (pass) · legislature
- Reported from Finance — **150** (pass) · legislature
- Subcommittee recommends reporting — **91** (pass) · legislature
- Constitutional reading dispensed — **400** (pass) · legislature
## Sponsors
- Robert M. "Bob" Thomas, Jr. — primary (person)
- Mark L. Cole — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-12-15** Prefiled and ordered printed; offered 01/10/18 18101758D `introduction`
- **2017-12-15** Referred to Committee on Finance `referral-committee`
- **2018-01-23** Assigned Finance sub: Subcommittee #1 `referral-committee`
- **2018-01-31** Read first time `reading-1`
- **2018-02-01** Read second time and engrossed `reading-2`
- **2018-02-02** Read third time and passed House (94-Y 3-N) `passage, reading-3`
- **2018-02-05** Constitutional reading dispensed
- **2018-02-05** Referred to Committee on Finance `referral-committee`
- **2018-02-16** Read third time `reading-3`
- **2018-02-19** Enrolled
- **2018-02-19** Signed by Speaker
- **2018-02-21** Signed by President
- **2018-02-22** Enrolled Bill communicated to Governor on 2/22/18
- **2018-02-22** Governor's Action Deadline Midnight, March 1, 2018
- **2018-02-26** Approved by Governor-Chapter 23 (effective 7/1/18) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fabd93b2-533c-424d-b364-89b33618bab9`. Confidence: reported (aggregated from official Virginia legislature records).