Sales tax; exemption for food purchased for human consumption, etc., definitions. (SB380)
Introduced By
Sen. Ryan McDougle (R-Mechanicsville)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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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
Date | Action |
---|---|
01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101364D |
01/11/2022 | Referred to Committee on Finance and Appropriations |
01/23/2022 | Impact statement from TAX (SB380) |
02/08/2022 | Incorporated by Finance and Appropriations (SB451-Boysko) (16-Y 0-N) (see vote tally) |