Bill Sponsor
Virginia Senate Bill 116
Session 2024
Retail sales and use tax holiday; establishes an annual tax holiday that takes place in August.
Became Law
Became Law
Signed by Governor on Apr 8, 2024
First Action
Jan 4, 2024
Latest Action
Apr 8, 2024
Origin Chamber
Senate
Type
Bill
Bill Number
116
State
Virginia
Session
2024
Sponsorship by Party
Summary
Annual retail sales and use tax holiday. Establishes an annual retail sales and use tax holiday that takesplace on the first full weekend in August beginning in 2025. Duringsuch weekend, state retail sales and use tax will not apply to certain (i) school supplies, (ii) clothing and footwear, (iii) qualifiedproducts designated as Energy Star or WaterSense, (iv) portablegenerators, or (v) hurricane preparedness equipment. Annual retail sales and use tax holiday. Establishes an annual retail sales and use tax holiday that takes place on the first full weekend in August beginning in 2025 through 2029. During such weekend, state retail sales and use tax will not apply to certain (i) school supplies, (ii) clothing and footwear, (iii) qualified products designated as Energy Star or WaterSense, (iv) portable generators, or (v) hurricane preparedness equipment. Annual retail sales and use tax holiday. Establishes an annual retail sales and use tax holiday that takes place on the first full weekend in August beginning on July 1, 2025, through July 1, 2030. During such weekend, state retail sales and use tax will not apply to certain (i) school supplies, (ii) clothing and footwear, (iii) qualified products designated as Energy Star or WaterSense, (iv) portable generators, or (v) hurricane preparedness equipment. This bill is identical to HB 25.
Sources
Record Created
Jan 5, 2024 5:42:57 PM
Record Updated
May 1, 2024 12:04:30 AM