republic-os/legislation/us/states/va/2022/hb-348.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Income tax, corporate; tax returns of affiliated corporations.	Tax returns of affiliated corporations; permission to change basis of type of return filed. Decreases from 20 years to 12 years the time period for which an affiliated group of corporations must file on the same basis before it may apply to the Tax Commissioner for permission to change the basis of the type of return filed (i) from consolidated to separate or (ii) from separate or combined to consolidated.	us/states/va	Virginia General Assembly	2022	HB 348	Virginia HB 348 (2022)	bill		enacted	Vivian E. Watts	4	38	10	2022-01-11	2022-04-08	openstates	ocd-bill/6f439ca4-c250-4301-a095-dda9bb44bda7	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB348	898582686736c989458270060089afddea8629f074d0bc27ae6501ff2267bebf	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 348 (2022) — Income tax, corporate; tax returns of affiliated corporations.

Tax returns of affiliated corporations; permission to change basis of type of return filed. Decreases from 20 years to 12 years the time period for which an affiliated group of corporations must file on the same basis before it may apply to the Tax Commissioner for permission to change the basis of the type of return filed (i) from consolidated to separate or (ii) from separate or combined to consolidated.

Version chain

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

1. CHAP0274 (committee substitute) — source
2. Committee substitute printed 22107280D-S1 (committee substitute) — source
3. HB348ER (committee substitute) — source
4. Prefiled and ordered printed; offered 01/12/22 22101118D (committee substitute) — source

Votes

• VOTE: Rejected (0-Y 98-N) — 0–97 (fail) · lower
• VOTE: Adoption (96-Y 0-N) — 96–0 (pass) · lower
• Passed Senate with substitute (40-Y 0-N) — 40–0 (pass) · upper
• Senate insisted on substitute (39-Y 0-N) — 39–0 (pass) · upper
• Subcommittee recommends reporting (9-Y 0-N) — 9–0 (pass) · lower
• Reported from Finance and Appropriations with substitute (16-Y 0-N) — 16–0 (pass) · upper
• Conference report agreed to by Senate (40-Y 0-N) — 40–0 (pass) · upper
• VOTE: Passage (99-Y 0-N) — 98–0 (pass) · lower
• Reported from Finance (21-Y 0-N) — 21–0 (pass) · lower
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper

Sponsors

• Vivian E. Watts — primary (person)
• Joseph P. McNamara — cosponsor (person)

Timeline

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

• 2022-01-11 Prefiled and ordered printed; offered 01/12/22 22101118D introduction
• 2022-01-11 Referred to Committee on Finance referral-committee
• 2022-01-19 Assigned Finance sub: Subcommittee #1 referral-committee
• 2022-02-04 Impact statement from TAX (HB348)
• 2022-02-07 Subcommittee recommends reporting (9-Y 0-N)
• 2022-02-07 Reported from Finance (21-Y 0-N) committee-passage
• 2022-02-09 Read first time reading-1
• 2022-02-10 Read second time and engrossed reading-2
• 2022-02-11 Read third time and passed House BLOCK VOTE (99-Y 0-N) passage, reading-3
• 2022-02-11 VOTE: Passage (99-Y 0-N)
• 2022-02-14 Constitutional reading dispensed
• 2022-02-14 Referred to Committee on Finance and Appropriations referral-committee
• 2022-03-01 Reported from Finance and Appropriations with substitute (16-Y 0-N) committee-passage
• 2022-03-01 Committee substitute printed 22107280D-S1 substitution
• 2022-03-02 Constitutional reading dispensed (40-Y 0-N)
• 2022-03-02 Read third time reading-3
• 2022-03-02 Reading of substitute waived
• 2022-03-02 Committee substitute agreed to 22107280D-S1
• 2022-03-02 Engrossed by Senate - committee substitute HB348S1
• 2022-03-02 Passed Senate with substitute (40-Y 0-N) passage
• 2022-03-02 Senate substitute rejected by House 22107280D-S1 (0-Y 98-N)
• 2022-03-02 VOTE: Rejected (0-Y 98-N)
• 2022-03-02 Senate insisted on substitute (39-Y 0-N)
• 2022-03-02 Senate requested conference committee
• 2022-03-02 House acceded to request
• 2022-03-02 Conferees appointed by House
• 2022-03-02 Conferees appointed by Senate
• 2022-03-11 Amended by conference committee
• 2022-03-11 Conference report agreed to by Senate (40-Y 0-N)
• 2022-03-11 Conference report agreed to by House (96-Y 0-N)
• 2022-03-11 VOTE: Adoption (96-Y 0-N)
• 2022-03-21 Enrolled
• 2022-03-21 Signed by President
• 2022-03-22 Signed by Speaker
• 2022-03-22 Enrolled Bill communicated to Governor on March 22, 2022
• 2022-03-22 Governor's Action Deadline 11:59 p.m., April 11, 2022
• 2022-03-28 Impact statement from TAX (HB348ER)
• 2022-04-08 Approved by Governor-Chapter 274 (effective 7/1/22) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/6f439ca4-c250-4301-a095-dda9bb44bda7. Confidence: reported (aggregated from official Virginia legislature records).