Retail Sales and Use Tax; absorption and payment by seller. (SB147)
Introduced By
Sen. Walter Stosch (R-Glen Allen)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax; absorption and payment by seller. Permits any seller not to collect sales and use tax from the purchaser, and to absorb such tax himself. A dealer electing to absorb such taxes shall be liable for payment of such taxes to the Tax Commissioner in the same manner as he is for tax collected from a purchaser. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/04/2008 | Prefiled and ordered printed; offered 01/09/08 084622332 |
01/04/2008 | Referred to Committee on Finance |
01/24/2008 | Impact statement from TAX (SB147) |
01/29/2008 | Blank Action |
01/29/2008 | Committee substitute printed 082918332-S1 |
01/29/2008 | Reported from Finance with substitute (8-Y 7-N 1-A) (see vote tally) |
01/30/2008 | Impact statement from TAX (SB147S1) |
01/30/2008 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/31/2008 | Read second time |
01/31/2008 | Motion to recommit to committee agreed to |
01/31/2008 | Recommitted to Finance |
01/31/2008 | Continued to 2009 in Finance |
Comments
Lots of places already do exactly this; I can only assume that it's quite legal. Perhaps Del. Orrock's bill is more narrowly tailored than the title and summary describes it as?