VA SB541 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 12 2022 - 25% progression, died in chamber
Action: 2022-02-10 - Passed by indefinitely in Finance and Appropriations (12-Y 4-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Rate of tax on gasoline and diesel fuel. Lowers the rate of tax on gasoline and diesel fuel on July 1, 2022, from 26.2 cents per gallon to 21.2 cents per gallon on gasoline and from 27 cents per gallon to 20.2 cents per gallon on diesel fuel, the rates that were in effect before July 1, 2021. The bill provides that the rate of tax on gasoline and diesel fuel will return to 26.2 and 27 cents per gallon, respectively, on July 1, 2023, and will be indexed based on the change in the United States Average Consumer Price Index; thereafter, the rate will be indexed annually.

Tracking Information

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Title

Gasoline and diesel fuel; lowers the rate of tax on July 1, 2022.

Sponsors


Roll Calls

2022-02-10 - Senate - Senate: Passed by indefinitely in Finance and Appropriations (12-Y 4-N) (Y: 12 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-02-10SenatePassed by indefinitely in Finance and Appropriations (12-Y 4-N)
2022-01-12SenateReferred to Committee on Finance and Appropriations
2022-01-12SenatePrefiled and ordered printed; offered 01/12/22 22101054D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5812217(n/a)See Bill Text

Virginia State Sources


Bill Comments

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