Sales and use tax refund; property to replace or repair business property damaged in a disaster. (HB1104)

Introduced By

Del. Chris Stolle (R-Virginia Beach)

Progress

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

Description

Sales and use tax refund; property to replace or repair business property damaged in a disaster. Permits any business to apply for a refund of sales and use taxes paid for any property purchased to replace or repair property that was damaged as a result of a disaster for which the Governor makes a declaration of a state of emergency on or after July 1, 2018. The refund applies only to property purchased no later than 180 days after the declaration of a state of emergency. The bill has an expiration date of July 1, 2022. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2018Committee
01/10/2018Prefiled and ordered printed; offered 01/10/18 18102768D
01/10/2018Referred to Committee on Finance
01/19/2018Impact statement from DHCD/CLG (HB1104)
01/28/2018Impact statement from TAX (HB1104)
02/13/2018Left in Finance