VA SB1337 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in chamber
Action: 2019-01-24 - Incorporated by Finance
Text: Latest bill text (Prefiled) [HTML]

Summary

Collection of state sales and use tax by remote sellers; disposition of revenue; report. Creates the Online Revenue Collection Fund for the collection of revenues generated in the event that the General Assembly adopts legislation requiring the remittance of sales and use tax by remote sellers and marketplace facilitators. Following the first full fiscal year in which the remittance of state sales and use tax by remote sellers and marketplace facilitators is required, the Commissioner of the Department of Taxation shall report on the total amount of revenues collected and shall calculate the amount by which the state sales and use tax rate could be reduced and replaced with revenues from the Fund so as to be revenue neutral. The bill was incorporated into SB 1083.

Tracking Information

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Title

State sales and use tax by remote sellers; collection, disposition of revenue, report.

Sponsors


Roll Calls

2019-01-24 - Senate - Senate: Incorporated by Finance (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-01-24SenateIncorporated by Finance
2019-01-08SenateReferred to Committee on Finance
2019-01-08SenatePrefiled and ordered printed; offered 01/09/19 19101149D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581638.4(n/a)See Bill Text

Virginia State Sources


Bill Comments

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