Retail Sales and Use Tax; exemptions include nonprofit entities, audit requirements. (HB3062)

Introduced By

Del. Ed Scott (R-Culpeper)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Sales and use tax exemptions; nonprofit requirements. Increases from $250,000 to $1 million the annual gross revenue amount that requires nonprofits to have an official audit for purposes of retaining their sales and use tax exemption. Read the Bill »


03/21/2007: signed by governor


01/15/2007Presented and ordered printed 079193498
01/15/2007Referred to Committee on Finance
01/18/2007Assigned Finance sub: #2 (Ware, R.L.)
01/23/2007Impact statement from TAX (HB3062)
02/02/2007Read first time
02/03/2007Read second time
02/03/2007Committee amendment agreed to
02/03/2007Engrossed by House as amended HB3062E
02/03/2007Printed as engrossed 079193498-E
02/05/2007Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/05/2007Communicated to Senate
02/06/2007Constitutional reading dispensed
02/06/2007Referred to Committee on Finance
02/07/2007Impact statement from TAX (HB3062E)
02/13/2007Committee substitute printed 075919712-S1
02/14/2007Constitutional reading dispensed (40-Y 0-N)
02/14/2007VOTE: (40-Y 0-N) (see vote tally)
02/14/2007Read third time
02/14/2007Reading of substitute waived
02/14/2007Committee substitute agreed to 075919712-S1
02/14/2007Engrossed by Senate - committee substitute HB3062S1
02/14/2007Passed Senate with substitute (39-Y 0-N)
02/14/2007VOTE: (39-Y 0-N) (see vote tally)
02/14/2007Passed by temporarily
02/14/2007Senate substitute agreed to by House (87-Y 4-N)
02/21/2007Bill text as passed House and Senate (HB3062ER)
02/22/2007Signed by Speaker
02/23/2007Signed by President
03/07/2007Impact statement from TAX (HB3062ER)
03/21/2007G Approved by Governor-Chapter 704 (effective 7/1/07)
04/05/2007G Acts of Assembly Chapter text (CHAP0704)