SB743: Retail Sales and Use Tax; exemptions include nonprofit entities, audit requirements.

Chief Patron

Ken Cuccinelli (R-37)
Served: 2002–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

03/21/2007: signed by governor

View Entire History

10/31/2006 Prefiled and ordered printed; offered 01/10/07 077405720
10/31/2006 Referred to Committee on Finance
01/23/2007 Impact statement from TAX (SB743)
02/02/2007 Committee substitute printed 075903720-S1
02/05/2007 Constitutional reading dispensed (39-Y 0-N)
02/05/2007 VOTE: (39-Y 0-N) (see vote tally)
02/06/2007 Read second time
02/06/2007 Reading of substitute waived
02/06/2007 Committee substitute agreed to 075903720-S1
02/06/2007 Engrossed by Senate - committee substitute SB743S1
02/06/2007 Constitutional reading dispensed (40-Y 0-N)
02/06/2007 Passed Senate (36-Y 2-N 1-A)
02/06/2007 VOTE: (36-Y 2-N 1-A) (see vote tally)
02/06/2007 Reconsideration of passage agreed to by Senate (40-Y 0-N)
02/06/2007 Passed Senate (40-Y 0-N)
02/06/2007 VOTE: (40-Y 0-N) (see vote tally)
02/07/2007 Placed on Calendar
02/07/2007 Read first time
02/07/2007 Referred to Committee on Finance
02/09/2007 Impact statement from TAX (SB743S1)
02/12/2007 Committee substitute printed 073496472-H1
02/13/2007 Read second time
02/14/2007 Delegates: Hogan, Scott, E. T., Shannon
02/14/2007 Read third time
02/14/2007 Committee substitute agreed to 073496472-H1
02/14/2007 Engrossed by House - committee substitute SB743H1
02/14/2007 Passed House with substitute Block Vote (95-Y 0-N)
02/14/2007 House substitute rejected by Senate (3-Y 31-N)
02/14/2007 VOTE: (3-Y 31-N) (see vote tally)
02/14/2007 House insisted on substitute
02/14/2007 House requested conference committee
02/14/2007 Senate acceded to request (39-Y 0-N)
02/14/2007 VOTE: (39-Y 0-N) (see vote tally)
02/14/2007 Conferees appointed by Senate
02/14/2007 Senators: Cuccinelli, Quayle, Saslaw
02/14/2007 Conferees appointed by House
02/14/2007 Delegates: Hogan, Scott, E.T., Shannon
02/23/2007 Reading of conference report waived
02/23/2007 Conference report agreed to by Senate (40-Y 0-N)
02/23/2007 VOTE: (40-Y 0-N) (see vote tally)
02/23/2007 Conference report agreed to by House (96-Y 0-N)
02/23/2007 VOTE: ADOPTION (96-Y 0-N) (see vote tally)
03/12/2007 Enrolled
03/12/2007 Bill text as passed Senate and House (SB743ER)
03/12/2007 Signed by President
03/13/2007 Signed by Speaker
03/15/2007 Impact statement from TAX (SB743ER)
03/21/2007 G Approved by Governor-Chapter 709 (effective 7/1/07)
04/05/2007 G Acts of Assembly Chapter text (CHAP0709)

Summary

Sales and use tax; tax exemption for volunteer fire departments and rescue squads. Modifies the process for exempting nonprofit organizations from the retail sales and use tax by exempting from the tax certain volunteer fire departments and volunteer rescue squads, without the requirement for such organizations to follow the administrative process utilized by the Department of Taxation for the Department's granting of sales and use tax exemptions to nonprofits generally. View Full Text »