VirginiaRetail Sales and Use Tax; exemption for electric utility equipment.
What it does
Sales and use tax; exemption for electric utility equipment. Exempts from the retail sales and use tax, beginning July 1, 2025, and ending July 1, 2030, tangible personal property used directly in the initiation, production, generation, transmission, or distribution of electricity by Appalachian Power.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 5Left in Finance and AppropriationsLatest
- Jan 21Impact statement from TAX (SB1001)
- Jan 7Referred to Committee on Finance and AppropriationsMinor
- Jan 7Prefiled and ordered printed; Offered 01-08-2025 25103419DIntroduced