Fabio
90 lines
4.2 KiB
Markdown
90 lines
4.2 KiB
Markdown
---
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type: "Bill"
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title: "Qualified equity and subordinated debt investments tax credit; sunset."
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description: "Qualified equity and subordinated debt investments tax credit; sunset. Provides that the qualified equity and subordinated debt investments tax credit expires after taxable year 2025."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2025"
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identifier: "HB 2653"
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citation: "Virginia HB 2653 (2025)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Elizabeth B. Bennett-Parker"]
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version_count: 3
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action_count: 26
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vote_count: 6
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first_action: "2025-01-14"
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last_action: "2025-03-21"
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source: "openstates"
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source_identifier: "ocd-bill/8f898c9e-83a8-48e2-bea4-847f6dc7e650"
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source_url: "https://lis.virginia.gov/bill-details/20251/HB2653"
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source_hash: "fe4a62c6b520201eb74c5615e30a10e8d5aa615cf23e2ce46a07afcb2b843db0"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 2653 (2025) — Qualified equity and subordinated debt investments tax credit; sunset.
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Qualified equity and subordinated debt investments tax credit; sunset. Provides that the qualified equity and subordinated debt investments tax credit expires after taxable year 2025.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1020591.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1072478.PDF)
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3. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1050289.PDF)
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## Votes
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- Reported from Finance and Appropriations (15-Y 0-N) — **15–0** (pass) · upper
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- Constitutional reading dispensed (on 2nd reading) (40-Y 0-N) — **40–0** (pass) · upper
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- Subcommittee recommends reporting (8-Y 0-N) — **8–0** (pass) · lower
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- Passed Senate (39-Y 0-N) — **39–0** (pass) · upper
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- Read third time and passed House (99-Y 0-N) — **99–0** (pass) · lower
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- Reported from Finance (22-Y 0-N) — **22–0** (pass) · lower
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## Sponsors
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- Elizabeth B. Bennett-Parker — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-14** Presented and ordered printed 25104905D `introduction`
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- **2025-01-14** Referred to Committee on Finance `referral-committee`
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- **2025-01-20** Assigned Finance sub: Subcommittee #2 `referral-committee`
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- **2025-01-21** Impact statement from TAX (HB2653)
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- **2025-01-21** Subcommittee recommends reporting (8-Y 0-N)
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- **2025-01-22** Reported from Finance (22-Y 0-N) `committee-passage`
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- **2025-01-24** Read first time `reading-1`
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- **2025-01-27** Read second time and engrossed `reading-2`
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- **2025-01-28** Read third time and passed House (99-Y 0-N) `passage, reading-3`
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- **2025-01-29** Constitutional reading dispensed (on 1st reading)
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- **2025-01-29** Referred to Committee on Finance and Appropriations `referral-committee`
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- **2025-02-11** Reported from Finance and Appropriations (15-Y 0-N) `committee-passage`
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- **2025-02-11** Rules suspended
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- **2025-02-11** Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
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- **2025-02-11** Passed by for the day
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- **2025-02-12** Read third time `reading-3`
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- **2025-02-12** Passed Senate (39-Y 0-N) `passage`
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- **2025-02-17** Enrolled `enrolled`
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- **2025-02-17** Bill text as passed House and Senate (HB2653ER) `passage`
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- **2025-02-17** Impact statement from TAX (HB2653)
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- **2025-02-17** Signed by Speaker `passage`
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- **2025-02-20** Signed by President `passage`
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- **2025-03-03** Enrolled Bill communicated to Governor on March 3, 2025 `enrolled, executive-receipt`
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- **2025-03-03** Governor's Action Deadline 11:59 p.m., March 24, 2025 `executive-receipt`
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- **2025-03-21** Approved by Governor-Chapter 306 (Effective 07/01/25) `executive-signature`
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- **2025-03-21** Acts of Assembly Chapter text (CHAP0306)
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8f898c9e-83a8-48e2-bea4-847f6dc7e650`. Confidence: reported (aggregated from official Virginia legislature records).
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