Commission on Updating Virginia Law to Reflect Federal Recognition of Virginia Tribes; established; report. Establishes the Commission on Updating Virginia Law to Reflect Federal Recognition of Virginia Tribes in the legislative branch of state government for the purpose of performing a comprehensive review of Virginia law to assess ways in which it must be revised to include federally recognized Tribal Nations located in the Commonwealth as distinct governments with the right to exercise general sovereignty and powers of government. The Commission is required to submit an annual report on its interim activities and work by the first day of each regular session of the General Assembly. The bill has an expiration date of July 1, 2024.