Retail Sales and Use Tax; exemption, nonprofits, limited liability companies. (HB1950)

Introduced By

Del. Michael Webert (R-Marshall)

Progress

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

Description

Retail sales and use tax exemption; nonprofits; limited liability companies. Provides that, for purposes of the retail sales and use tax exemption for nonprofit organizations, the exemption is available to a single member limited liability company whose sole member is a nonprofit organization. Amends § 58.1-609.11, of the Code of Virginia. Read the Bill »

Status

01/06/2019: Awaiting a Vote in the Finance Committee

History

DateAction
01/06/2019Committee
01/06/2019Prefiled and ordered printed; offered 01/09/19 19101479D
01/06/2019Referred to Committee on Finance
01/12/2019Impact statement from TAX (HB1950)

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