Cigarette tax; deduction of bad debts from taxes owed. (SB418)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Cigarette tax; deduction of bad debts from taxes owed. Permits stamping agents to deduct from cigarette taxes owed the cost of the tax stamps on cigarettes they have sold but for which payment is uncollectible. Amends § 58.1-1003, § 58.1-1003.1, of the Code of Virginia. Read the Bill »


03/24/2006: signed by governor


01/11/2006Prefiled and ordered printed; offered 01/11/06 067987736
01/11/2006Referred to Committee on Finance
02/01/2006Reported from Finance (15-Y 0-N)
02/02/2006Constitutional reading dispensed (40-Y 0-N)
02/02/2006VOTE: (40-Y 0-N)
02/03/2006Read second time and engrossed
02/06/2006Read third time and passed Senate (40-Y 0-N)
02/06/2006VOTE: (40-Y 0-N)
02/06/2006Communicated to House
02/13/2006Placed on Calendar
02/13/2006Read first time
02/13/2006Referred to Committee on Finance
02/14/2006Fiscal impact statement from TAX (SB418)
02/15/2006Reported from Finance (22-Y 0-N)
02/17/2006Read second time
02/20/2006Read third time
02/20/2006Passed House BLOCK VOTE (100-Y 0-N)
02/20/2006VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/27/2006Bill text as passed Senate and House (SB418ER)
02/28/2006Signed by Speaker
03/01/2006Signed by President
03/06/2006Fiscal impact statement from TAX (SB418ER)
03/24/2006G Approved by Governor-Chapter 229 (effective 7/1/06)
04/03/2006G Acts of Assembly Chapter text (CHAP0229)