General Overview
Item 260(D) of the 2026 Appropriation Act (House Bill 30, Special Session I, Chapter 1) requires Virginia Tax to convene a work group to review the cost and fiscal impact of the disabled veteran property tax exemption under Va. Code § 58.1-3219.5. The workgroup is directed to:
- review and collect data on the cost of the exemption and implications to localities;
- detail changes to the exemption and the impact of those changes to localities;
- evaluate legislation previously introduced by the General Assembly on these exemptions; and
- provide any recommendations to the General Assembly on these mandatory property tax exemptions.
Virginia Tax is required to prepare and submit a report describing the work group’s findings and recommendations to the Chairs of the House Finance and Appropriations Committees and the Chair of the Senate Finance and Appropriations Committee no later than November 15, 2026.