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VA SB646

VA SB646
Fiscal impact statements and estimates; citizen impacts included.


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead
03/14/2026

Introduced Session

2026 Regular Regular Session

Bill Summary

Citizen impacts included in fiscal impact statements and estimates. Requires any fiscal impact statement or other estimate of costs prepared for a legislative bill by the Department of Planning and Budget, the Department of Taxation, the Commission on Local Government, the Virginia Criminal Sentencing Commission, the Virginia Retirement System, or any other agency of the Commonwealth to include a clear and conspicuous estimate of any potential citizen impacts attributable to such legislation, and requires the Joint Legislative Audit and Review Commission, at the request of any member of the General Assembly, to review a piece of legislation and prepare a statement reflecting (i) the potential fiscal impact of such legislation on the operations of state government and (ii) any potential citizen impacts of such legislation. The bill defines "citizen impact" as any increase in personal fiscal impacts on a majority of residents of the Commonwealth estimated to result from the enactment of legislation before the General Assembly, including any inflationary impacts and increases in any (a) taxes, (b) costs associated with the use of electricity and fuel, (c) insurance premiums paid by policyholders, and (d) other generally applicable costs of legislation that will be borne by a majority of Virginia residents.

AI Summary

This bill requires state agencies, including the Department of Planning and Budget and the Department of Taxation, to include an estimate of "citizen impacts" in their fiscal impact statements for legislative bills, defining citizen impact as any increase in personal financial burdens on a majority of Virginia residents, such as higher taxes, increased costs for electricity and fuel, or rising insurance premiums. Additionally, the Joint Legislative Audit and Review Commission (JLARC), upon request from a General Assembly member, will review legislation and provide a statement detailing both its fiscal impact on state government operations and any potential citizen impacts. This aims to provide lawmakers and the public with a clearer understanding of how proposed laws might affect the financial well-being of the average Virginian.

Sponsors (1)

Last Action

Passed by indefinitely in Rules (11-Y 3-N) (on 01/30/2026)

Bill Topics

Government Operations
  • ‐ Government Transparency and Open Records
  • ‐ Legislative Branch Operations and Rules

bill text


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bill summary

Document Type Source Location Created
State Bill Page https://lis.virginia.gov/bill-details/20261/SB646 01/20/2026
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB646) https://lis.blob.core.windows.net/files/1103775.PDF 01/30/2026
BillText https://lis.virginia.gov/bill-details/20261/SB646/text/SB646 01/20/2026
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