republic-os/legislation/us/states/va/2022/sb-94.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	Commonwealth's taxation system; conformity with the Internal Revenue Code, Rebuild Va. grants, etc.	Conformity of the Commonwealth's taxation system with the Internal Revenue Code; Rebuild Virginia grants and Paycheck Protection Program loans; emergency. Advances Virginia's date of conformity with the Internal Revenue Code from December 31, 2020, to December 31, 2021. The bill also deconforms from provisions of the (i) federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) related to the net operating loss limitation and carryback, a loss limitation applicable to taxpayers other than corporations, the limitation on business interest, and certain loan forgiveness and other business financial assistance and (ii) federal American Rescue Plan Act related to restaurant revitalization grants and emergency injury disaster loans received for taxable years beginning before January 1, 2021. The bill also retroactively allows up to $100,000 of the individual and corporate income tax deduction or subtraction, as applicable, for Rebuild Virginia grants and certain amounts related to Paycheck Protection Program loans to certain fiscal filers. The bill also allows full deductibility of expenses paid or incurred with forgiven Paycheck Protection Program loan proceeds and expenses paid or incurred with Economic Injury Disaster Loan program funding for taxable year 2021 and thereafter. The bill contains an emergency clause.	us/states/va	Virginia General Assembly	2022	SB 94	Virginia SB 94 (2022)	bill		enacted	Janet D. Howell	4	32	6	2022-01-05	2022-03-09	openstates	ocd-bill/b997feba-4615-4241-b1c3-fe66fb3def24	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB94	1790000fb64df2e53707f094894d3d14343dfd999a1a9e0ced4ee366786b9499	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 94 (2022) — Commonwealth's taxation system; conformity with the Internal Revenue Code, Rebuild Va. grants, etc.

Conformity of the Commonwealth's taxation system with the Internal Revenue Code; Rebuild Virginia grants and Paycheck Protection Program loans; emergency. Advances Virginia's date of conformity with the Internal Revenue Code from December 31, 2020, to December 31, 2021. The bill also deconforms from provisions of the (i) federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) related to the net operating loss limitation and carryback, a loss limitation applicable to taxpayers other than corporations, the limitation on business interest, and certain loan forgiveness and other business financial assistance and (ii) federal American Rescue Plan Act related to restaurant revitalization grants and emergency injury disaster loans received for taxable years beginning before January 1, 2021. The bill also retroactively allows up to $100,000 of the individual and corporate income tax deduction or subtraction, as applicable, for Rebuild Virginia grants and certain amounts related to Paycheck Protection Program loans to certain fiscal filers. The bill also allows full deductibility of expenses paid or incurred with forgiven Paycheck Protection Program loan proceeds and expenses paid or incurred with Economic Injury Disaster Loan program funding for taxable year 2021 and thereafter. The bill contains an emergency clause.

Version chain

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

1. CHAP0019 (committee substitute) — source
2. Committee substitute printed 22105824D-S1 (committee substitute) — source
3. Prefiled and ordered printed with emergency clause; offered 01/12/22 22102998D (committee substitute) — source
4. SB94ER (committee substitute) — source

Votes

• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• VOTE: Block Vote Passage (99-Y 0-N) — 98–0 (pass) · lower
• Read third time and passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• Reported from Finance and Appropriations with substitute (16-Y 0-N) — 16–0 (pass) · upper
• Reported from Finance (22-Y 0-N) — 22–0 (pass) · lower
• Reported from Appropriations (21-Y 0-N) — 21–0 (pass) · lower

Sponsors

• Janet D. Howell — primary (person)
• George L. Barker — cosponsor (person)
• Stephen D. Newman — cosponsor (person)

Timeline

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

• 2022-01-05 Prefiled and ordered printed with emergency clause; offered 01/12/22 22102998D introduction
• 2022-01-05 Referred to Committee on Finance and Appropriations referral-committee
• 2022-01-23 Impact statement from TAX (SB94)
• 2022-02-02 Senate committee, floor amendments and substitutes offered
• 2022-02-02 Reported from Finance and Appropriations with substitute (16-Y 0-N) committee-passage
• 2022-02-02 Committee substitute printed 22105824D-S1 substitution
• 2022-02-02 Incorporates SB583 (Newman)
• 2022-02-02 Incorporates SB603 (Barker)
• 2022-02-03 Constitutional reading dispensed (40-Y 0-N)
• 2022-02-04 Read second time reading-2
• 2022-02-04 Reading of substitute waived
• 2022-02-04 Committee substitute agreed to 22105824D-S1
• 2022-02-04 Engrossed by Senate - committee substitute SB94S1
• 2022-02-07 Read third time and passed Senate (40-Y 0-N) passage, reading-3
• 2022-02-17 Placed on Calendar
• 2022-02-17 Read first time reading-1
• 2022-02-17 Referred to Committee on Finance referral-committee
• 2022-02-17 Impact statement from TAX (SB94S1)
• 2022-02-21 Reported from Finance (22-Y 0-N) committee-passage
• 2022-02-21 Referred to Committee on Appropriations referral-committee
• 2022-02-23 Reported from Appropriations (21-Y 0-N) committee-passage
• 2022-02-25 Read second time reading-2
• 2022-02-28 Read third time reading-3
• 2022-02-28 Passed House BLOCK VOTE (99-Y 0-N) passage
• 2022-02-28 VOTE: Block Vote Passage (99-Y 0-N)
• 2022-03-01 Enrolled
• 2022-03-01 Signed by President
• 2022-03-01 Signed by Speaker
• 2022-03-02 Enrolled Bill Communicated to Governor on March 2, 2022
• 2022-03-02 Governor's Action Deadline 11:59 p.m., March 9, 2022
• 2022-03-03 Impact statement from TAX (SB94ER)
• 2022-03-09 Approved by Governor-Chapter 19 (effective 3/9/22) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b997feba-4615-4241-b1c3-fe66fb3def24. Confidence: reported (aggregated from official Virginia legislature records).