Retail Sales and Use Tax; gross proceeds. (SB1119)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

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

Description

Sales and use tax; gross proceeds. Provides that "gross proceeds," as it relates to the collection of sales and use tax on the lease or rental of tangible personal property, does not include finance, interest, or other similar charges. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2015Prefiled and ordered printed; offered 01/14/15 15102768D
01/13/2015Referred to Committee on Finance
01/19/2015Impact statement from TAX (SB1119)
01/21/2015Reported from Finance (15-Y 0-N) (see vote tally)
01/22/2015Constitutional reading dispensed (39-Y 1-N) (see vote tally)
01/23/2015Read second time and engrossed
01/26/2015Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/30/2015Placed on Calendar
01/30/2015Read first time
01/30/2015Referred to Committee on Finance
02/09/2015Impact statement from TAX (SB1119)
02/11/2015Reported from Finance (20-Y 0-N) (see vote tally)
02/12/2015Read second time
02/13/2015Read third time
02/13/2015Passed House BLOCK VOTE (97-Y 0-N)
02/13/2015VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/17/2015Enrolled
02/17/2015Bill text as passed Senate and House (SB1119ER)
02/17/2015Signed by Speaker
02/19/2015Impact statement from TAX (SB1119ER)
02/20/2015Signed by President
02/23/2015G Governor's Action Deadline Midnight, Monday, March 30, 2015
02/23/2015Enrolled Bill Communicated to Governor on 2/23/15
02/23/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/17/2015G Approved by Governor-Chapter 252 (effective 7/1/15)
03/17/2015G Acts of Assembly Chapter text (CHAP0252)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 45 seconds.