VirginiaRetail Sales and Use Tax; imposes firearm and ammunition taxes.
What it does
Retail sales and use tax; firearm and ammunition taxes. Imposes (i) a firearm tax in the amount of $5 per firearm and (ii) a firearm ammunition tax of one cent ($0.01) per round of firearm ammunition that is sold by firearm seller, defined in the bill. The bill requires any revenue proceeds from such taxes to be used to prevent gun violence and enhance school safety.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 4Left in FinanceLatest
- Jan 26Impact statement from TAX (HB2558)
- Jan 24Assigned Finance sub: Subcommittee #1Minor
- Jan 12Referred to Committee on FinanceMinor
- Jan 12Prefiled and ordered printed; Offered 01-13-2025 25102664DIntroduced