republic-os/legislation/us/states/va/2022/hb-402.md

---
type: "Bill"
title: "Landlords, participation; tax credit."
description: "Tax credit for participating landlords. Increases the limit of residents living below the poverty line from less than 10 percent to less than 40 percent to qualify as an eligible census tract for participating landlords to be eligible for the credits on individual and corporate income tax for census tracts outside of the Richmond Metropolitan Statistical Area, the Washington-Arlington-Alexandria Metropolitan Statistical Area, or the Virginia Beach-Norfolk-Newport News Metropolitan Statistical Area. The bill retains the existing limit of less than 10 percent of residents living below the poverty line to qualify as an eligible census tract for participating landlords to be eligible for the credits on individual and corporate income tax within such named census tracts."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2022"
identifier: "HB 402"
citation: "Virginia HB 402 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Rodney T. Willett"]
version_count: 4
action_count: 29
vote_count: 6
first_action: "2022-01-11"
last_action: "2022-04-08"
source: "openstates"
source_identifier: "ocd-bill/6fe06b54-63dd-46c6-9668-34277f20d4f7"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB402"
source_hash: "ca9f309705f82bbf0efcd9f3ec181f25e09a08b5a71b55c2a955508aab764fef"
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 402 (2022) — Landlords, participation; tax credit.

Tax credit for participating landlords. Increases the limit of residents living below the poverty line from less than 10 percent to less than 40 percent to qualify as an eligible census tract for participating landlords to be eligible for the credits on individual and corporate income tax for census tracts outside of the Richmond Metropolitan Statistical Area, the Washington-Arlington-Alexandria Metropolitan Statistical Area, or the Virginia Beach-Norfolk-Newport News Metropolitan Statistical Area. The bill retains the existing limit of less than 10 percent of residents living below the poverty line to qualify as an eligible census tract for participating landlords to be eligible for the credits on individual and corporate income tax within such named census tracts.

## Version chain

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

1. **CHAP0252** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0252)
2. **HB402ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB402ER)
3. **Prefiled and ordered printed; offered 01/12/22 22102889D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB402)
4. **Printed as engrossed 22102889D-E** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB402E)

## Votes

- Reported from Finance and Appropriations (16-Y 0-N) — **16–0** (pass) · upper
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
- Subcommittee recommends reporting with amendments (8-Y 0-N) — **8–0** (pass) · lower
- VOTE: Passage (96-Y 0-N) — **95–0** (pass) · lower
- Reported from Finance with amendment(s) (21-Y 1-N) — **21–1** (pass) · lower

## Sponsors

- Rodney T. Willett — primary (person)

## Timeline

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

- **2022-01-11** Prefiled and ordered printed; offered 01/12/22 22102889D `introduction`
- **2022-01-11** Referred to Committee on Finance `referral-committee`
- **2022-01-20** Assigned Finance sub: Subcommittee #1 `referral-committee`
- **2022-01-24** House subcommittee amendments and substitutes offered
- **2022-01-24** Subcommittee recommends reporting with amendments (8-Y 0-N)
- **2022-01-26** House committee, floor amendments and substitutes offered
- **2022-01-26** Reported from Finance with amendment(s) (21-Y 1-N) `committee-passage`
- **2022-01-27** Impact statement from TAX (HB402)
- **2022-01-28** Read first time `reading-1`
- **2022-01-31** Read second time `reading-2`
- **2022-01-31** Committee amendments agreed to
- **2022-01-31** Engrossed by House as amended HB402E
- **2022-01-31** Printed as engrossed 22102889D-E
- **2022-02-01** Read third time and passed House (96-Y 0-N) `passage, reading-3`
- **2022-02-01** VOTE: Passage (96-Y 0-N)
- **2022-02-02** Constitutional reading dispensed
- **2022-02-02** Referred to Committee on Finance and Appropriations `referral-committee`
- **2022-02-15** Impact statement from TAX (HB402E)
- **2022-03-01** Reported from Finance and Appropriations (16-Y 0-N) `committee-passage`
- **2022-03-02** Constitutional reading dispensed (40-Y 0-N)
- **2022-03-02** Read third time `reading-3`
- **2022-03-02** Passed Senate (40-Y 0-N) `passage`
- **2022-03-07** Enrolled
- **2022-03-08** Impact statement from TAX (HB402ER)
- **2022-03-08** Signed by Speaker
- **2022-03-08** Signed by President
- **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
- **2022-04-08** Approved by Governor-Chapter 252 (effective 7/1/22) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6fe06b54-63dd-46c6-9668-34277f20d4f7`. Confidence: reported (aggregated from official Virginia legislature records).