HJR22Introduced in the House of Delegates
To reduce the business inventory tax
Introduced by Lisa White, District 96
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
The purpose of this resolution is to permit the Legislature to exempt some species of tangible personal property from ad valorem taxation, reduce the rate of taxation or assessment for any species of tangible personal property; establish different statewide rates of taxation, assessment, or methods of valuation for different species of tangible personal property, or classify property as real property or personal property for ad valorem taxation.
Where it stands
To House Finance
January 20, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed for introduction
To Finance then Judiciary
Introduced in House
To House Finance
Verify the information
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