Retail Sales and Use Tax; absorption of tax by a dealer. (SB1615)

Introduced By

Sen. Ryan McDougle (R-Mechanicsville)

Progress

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

Description

Retail sales and use tax; absorption of tax by a dealer. Authorizes a dealer to absorb all or a portion of the sales and use tax due on an item, so long as the dealer separately states the full amount of the tax due at the point of the sale or transaction and remits the full amount due to the Department of Taxation with the return covering the period in which the sale or transaction took place. Read the Bill »

Status

01/09/2019: Awaiting a Vote in the Finance Committee

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19103011D
01/09/2019Referred to Committee on Finance
01/18/2019Impact statement from TAX (SB1615)

Hearing Scheduled

This bill is scheduled to be heard in the Senate Finance committee on 01/22/2019. It meets on Tuesday and Wednesday, 9:00 A.M. - Senate Room B.

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