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Motion picture production tax credit; sunset extended. Extends the motion picture production tax credit sunset date from taxable year 2026 to taxable year 2030. This bill is identical to SB 612.
Introduced
Jan 12, 2026
Last Action
Mar 14, 2026
Session
VA 2026
Sponsors
1 primary · 2 co
Enrolled Bill communicated to Governor on March 14, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Signed by Speaker
Enrolled
Signed by President
Fiscal Impact statement From TAX (3/11/2026 9:17 am)
Bill text as passed House and Senate (HB400ER)
Passed Senate with substitute (25-Y 15-N 0-A)
Engrossed by Senate - floor substitute
Senator Pillion Substitute agreed to
Reading of substitute waived
Floor offered Senator Pillion Substitute
Read third time
Senate substitute agreed to by House (70-Y 24-N 0-A)
Passed Senate with substitute (24-Y 16-N 0-A)
Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)
Reported from Finance and Appropriations (12-Y 3-N)
Rules suspended
Passed by for the day (Voice Vote)
Fiscal Impact statement From TAX (2/19/2026 1:51 pm)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (74-Y 23-N 0-A)
Read second time
Engrossed by House as amended
committee amendments agreed to
Read first time
Reported from Finance with amendment(s) (18-Y 3-N)
Subcommittee recommends reporting with amendment(s) (11-Y 0-N)
House subcommittee offered
Assigned HFIN sub: Subcommittee #1
Fiscal Impact statement From TAX (1/20/2026 4:03 pm)
Referred to Committee on Finance
Prefiled and ordered printed; Offered 01-14-2026 26105056D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Governor's Action Deadline 11:59 p.m., April 13, 2026
Charniele L. Herring
Betsy B. Carr