Retail Sales and Use Tax; agricultural exemptions. (SB332)
Introduced By
Sen. Mark Peake (R-Lynchburg) with support from co-patrons Del. James Edmunds (R-South Boston), Del. Matt Fariss (R-Rustburg), and Sen. Frank Ruff (R-Clarksville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Retail sales and use tax; agricultural exemptions. Amends the existing exemption from sales tax for agricultural produce and eggs sold at a farmers market or roadside stand. Currently, the exemption applies only if the individual selling the produce or eggs has an annual income from such sales of no more than $1,000. The bill raises this annual income cap to $2,500. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/08/2018 | Prefiled and ordered printed; offered 01/10/18 18100145D |
01/08/2018 | Referred to Committee on Finance |
01/13/2018 | Impact statement from TAX (SB332) |
01/17/2018 | Reported from Finance (15-Y 0-N) (see vote tally) |
01/18/2018 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/19/2018 | Read second time and engrossed |
01/22/2018 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
01/29/2018 | Placed on Calendar |
01/29/2018 | Read first time |
01/29/2018 | Referred to Committee on Finance |
02/09/2018 | Impact statement from TAX (SB332) |
02/20/2018 | Assigned Finance sub: Subcommittee #1 |
02/21/2018 | Subcommittee recommends reporting (10-Y 0-N) |
02/26/2018 | Reported from Finance (22-Y 0-N) (see vote tally) |
02/27/2018 | Read second time |
02/28/2018 | Taken up out of order pursuant to House Rule 52 (96-Y 0-N) |
02/28/2018 | VOTE: AGREE TO MOTION (96-Y 0-N) (see vote tally) |
02/28/2018 | Read third time |
02/28/2018 | Passed House (97-Y 0-N) |
02/28/2018 | VOTE: PASSAGE (97-Y 0-N) (see vote tally) |
03/01/2018 | Enrolled |
03/01/2018 | Bill text as passed Senate and House (SB332ER) |
03/01/2018 | Signed by Speaker |
03/02/2018 | Impact statement from TAX (SB332ER) |
03/03/2018 | Signed by President |
03/05/2018 | Signed by President |
03/06/2018 | Enrolled Bill Communicated to Governor on March 6, 2018 |
03/06/2018 | G Governor's Action Deadline Midnight, April 9, 2018 |
03/19/2018 | G Approved by Governor-Chapter 362 (effective 7/1/18) |
03/19/2018 | G Acts of Assembly Chapter text (CHAP0362) |
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 38 seconds.
Transcript
This is a transcript of the video clips in which this bill is discussed.
tax agricultural exemptions. Reported from the committee on finance. >> the delegate from car line, delegate orrock. all this dose is take the current $1,000 cap on sales at farmer's market of produce and other items tax exempt and raises that to $2,500. I move the passage of the bill.Del. Bobby Orrock (R-Thornburg): shall the bill pass? the clerk will close the roll.
[Unknown]: ayes 97, nos 0. >> ayes 97, nos 0. The bill passs. next revenue bill before us