Retail sales and use tax; exemption for certain school supplies, clothing, and footwear. (SB571)

Introduced By

Sen. Ryan McDougle (R-Mechanicsville) with support from co-patron Del. Chris Saxman (R-Staunton)

Progress

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

Description

Sales and use tax exemption; school-related items. Provides a sales and use tax exemption, beginning in 2006, for certain school-related items purchased during a specific three-day period during August each year. The exempt items are (i) school supplies, where the selling price of each item is $20 or less, and (ii) footwear and clothing where the selling price of each item is $100 or less. The bill also authorizes dealers to absorb the sales and use tax on all other items sold during the same time period and thereby relieve the purchaser of the obligation to pay such tax. Dealers who absorb such taxes are liable for payment of the same to the Tax Commissioner. Amends § 58.1-611.2, § 58.1-625, § 58.1-626, of the Code of Virginia. Read the Bill »

Status

04/05/2006: signed by governor

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 065113408
01/11/2006Referred to Committee on Finance
02/06/2006Fiscal impact statement from TAX (SB571)
02/14/2006Reported from Finance with substitute (15-Y 0-N)
02/15/2006Committee substitute printed 067370408-S1
02/15/2006Constitutional reading dispensed (38-Y 0-N)
02/15/2006VOTE: (38-Y 0-N)
02/16/2006Read second time
02/16/2006Reading of substitute waived
02/16/2006Committee substitute agreed to 067370408-S1
02/16/2006Engrossed by Senate - committee substitute SB571S1
02/17/2006Read third time and passed Senate (40-Y 0-N)
02/17/2006VOTE: (40-Y 0-N)
02/17/2006Communicated to House
02/17/2006Fiscal impact statement from TAX (SB571S1)
02/20/2006Placed on Calendar
02/20/2006Read first time
02/20/2006Referred to Committee on Finance
02/27/2006Reported from Finance with substitute (22-Y 0-N)
02/27/2006Committee substitute printed 065228452-H1
02/28/2006Read second time
03/01/2006Read third time
03/01/2006Committee substitute agreed to 065228452-H1
03/01/2006Engrossed by House - committee substitute SB571H1
03/01/2006Passed House with substitute BLOCK VOTE (99-Y 0-N)
03/01/2006VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
03/01/2006House substitute rejected by Senate (0-Y 39-N)
03/01/2006VOTE: (0-Y 39-N)
03/01/2006House insisted on substitute
03/01/2006House requested conference committee
03/01/2006Senate acceded to request (36-Y 0-N)
03/01/2006VOTE: (36-Y 0-N)
03/01/2006Conferees appointed by Senate
03/01/2006Senators: McDougle, Hanger, Saslaw
03/01/2006Conferees appointed by House
03/01/2006Delegates: Parrish, Purkey, Hull
03/03/2006Conference substitute printed 065241408-S2
03/03/2006Conference report agreed to by House (97-Y 0-N)
03/03/2006VOTE: ADOPTION (97-Y 0-N)
03/06/2006Conference report agreed to by Senate (39-Y 0-N)
03/06/2006VOTE: (39-Y 0-N)
03/21/2006Bill text as passed Senate and House (SB571ER)
03/21/2006Enrolled
03/21/2006Signed by Speaker
03/22/2006Signed by President
03/24/2006Fiscal impact statement from TAX (SB571ER)
04/05/2006G Approved by Governor-Chapter 579 (effective 7/1/06)
04/12/2006G Acts of Assembly Chapter text (CHAP0579)