Sales tax; exemption for food purchased for human consumption, etc., definitions. (SB380)

Introduced By

Sen. Ryan McDougle (R-Mechanicsville)

Progress

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

Description

Sales tax; exemption for food purchased for human consumption and essential personal hygiene products. Exempts food purchased for human consumption and essential personal hygiene products (the grocery tax) from all state, regional, and local sales taxes. The bill dedicates state sales tax revenue to provide a supplemental school payment to counties and cities. For fiscal year 2023, the payment is the county or city's fiscal year 2022 distribution of revenue from the grocery tax. For fiscal year 2024 and after, the payment is the previous year's payment multiplied by the county or city's local sales tax index, defined in the bill as the ratio by which sales tax revenues in a county or city for the current year exceed the previous year's revenues. Read the Bill »

Status

02/08/2022: Incorporated into Another Bill

History

DateAction
01/11/2022Prefiled and ordered printed; offered 01/12/22 22101364D
01/11/2022Referred to Committee on Finance and Appropriations
01/23/2022Impact statement from TAX (SB380)
02/08/2022Incorporated by Finance and Appropriations (SB451-Boysko) (16-Y 0-N) (see vote tally)