VA SB110 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2024 - 25% progression
Action: 2024-01-30 - Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 3 2024 - 25% progression
Action: 2024-01-30 - Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Sales tax; exemption for food purchased for human consumption and essential personal hygiene products. Provides an exemption from local sales and use tax beginning July 1, 2024, for food purchased for human consumption and essential personal hygiene products. The bill also provides an allocation of state revenues to fund the distribution to localities for funding that would have been distributed to them absent the exemption created by the bill. Under current law, such products are exempt from state sales and use tax but are subject to the standard local rate of one percent.
Title
Sales tax; exemption for food purchased for human consumption and essential personal hygiene.
Sponsors
Roll Calls
2024-01-30 - Senate - Senate: Passed by indefinitely in Finance and Appropriations (10-Y 5-N) (Y: 10 N: 5 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-01-30 | Senate | Passed by indefinitely in Finance and Appropriations (10-Y 5-N) |
2024-01-03 | Senate | Referred to Committee on Finance and Appropriations |
2024-01-03 | Senate | Prefiled and ordered printed; offered 01/10/24 24103537D |
Same As/Similar To
HB540 (Similar To) 2024-02-07 - Continued to 2025 in Finance by voice vote
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
58 | 1 | 2425 | (n/a) | See Bill Text |
58 | 1 | 603.1 | (n/a) | See Bill Text |
58 | 1 | 603.2 | (n/a) | See Bill Text |
58 | 1 | 604.01 | (n/a) | See Bill Text |
58 | 1 | 605.1 | (n/a) | See Bill Text |
58 | 1 | 606.1 | (n/a) | See Bill Text |
58 | 1 | 611.1 | (n/a) | See Bill Text |
58 | 1 | 638 | (n/a) | See Bill Text |