VirginiaMarijuana; creates framework for retail sales.
What it does
Taxation, revenues, and cannabis. Creates a regulatory framework for retail marijuana sales in the Commonwealth, upon which a 12.875 percent marijuana tax, a 1.125 percent sales tax, and a three percent mandatory local tax are imposed under the renamed Virginia Alcoholic Beverage and Cannabis Control Authority. This bill was incorporated into SB 542.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 12Incorporated by Finance and Appropriations (SB542-Aird) (15-Y 0-N)Latest
- Vote recorded Incorporated by Finance and Appropriations. Result: pass.Upper
- Feb 11Fiscal Impact Statement from Department of Planning and Budget (SB826)
- Jan 26Fiscal Impact statement From VCSC (1/26/2026 11:16 am)
- Jan 23Referred to Committee on Finance and AppropriationsMinor
- Jan 23Presented and ordered printed 26101012DIntroduced
- Feb 12Incorporated by Finance and Appropriations (SB542-Aird) (15-Y 0-N)Latest