VA HB557

Creates a new separate classification (subdivision 49) for electric-powered landscaping equipment used in a trade or business, including lawn mowers, edgers, trimmers, leaf blowers, and chainsaws that operate solely on battery power or electric outlet connection

Allows local governments to levy tangible personal property tax on this electric landscaping equipment at a different rate than other business personal property

Requires the tax rate on electric landscaping equipment not exceed the rate applicable to the general class of tangible personal property

Amends Virginia Code § 58.1-3506, which governs classifications of tangible personal property for local taxation purposes