License tax, local; work group to review deduction for receipts attributable to out-of-state.

Added requirement to review constitutional or case law concerns regarding the existing laws governing the local license tax deduction.

Modified review criteria to specifically assess potential impact on local government revenue and alternatives to phase in any potential impact.

Added requirement to review administrative complexities for verifying tax deductions across local jurisdictions and enforcing compliance.

Expanded work group membership to include the Virginia Society of Certified Public Accountants and the Council on State Taxation.

Changed reporting recipients to include both Senate and House Committee Chairs in addition to the Joint Subcommittee on Tax Policy.

Text was reformatted from plain text to include official Senate Substitute headers, line numbers, and proper document structure while maintaining identical legislative content.

The original amendment to § 58.1-3732 of the Code of Virginia, which would have established specific exclusions and deductions from gross receipts for license tax purposes, was completely removed.

The work group review requirement was modified to be a standalone directive rather than part of a broader tax code amendment, with the report deadline shortened from October 1, 2026 to October 1, 2025.

The effective date provision for the tax amendment was removed entirely since the substantive amendment no longer exists.

Formatting and header information changed from House Substitute to Senate Committee Substitute, indicating the bill moved between legislative chambers.

The document format changed from an enrolled act to a House substitute amendment, adding headers like 'HOUSE SUBSTITUTE' and amendment tracking numbers while removing the original 'ENROLLED' status.

Significant whitespace and spacing was added throughout the document, likely due to formatting changes in the legislative system.

The original work group convening language and October 2025 reporting deadline were removed, as this version is now an amendment to the statute rather than a standalone bill establishing a work group.

Mandates the Department of Taxation to convene a work group to review the local license tax deduction for out-of-state business receipts.

Specifies the work group must include representatives from various organizations including the Virginia Municipal League, Virginia Association of Counties, and other business and tax groups.

Sets a deadline of October 1, 2025 for the work group to submit findings and recommendations to legislative committees.

Changed the document status from 'Introduced' to 'Enrolled' with updated session identifiers and chapter formatting.