VirginiaHB25952025 Regular SessionHouse

Firearm safety device tax credit; defines commercial retailer.

Sponsored By: JJ Singh (Democratic)

To Governor

Summary

Firearm safety device tax credit; definitions. Redefines an "eligible transaction" for purposes of the firearm safety device tax credit as one in which a taxpayer purchases one or more firearm safety devices from a commercial retailer, as defined in the bill. Current law defines "eligible transaction" as one in which a taxpayer purchases one or more firearm safety devices from a federally licensed dealer. The provisions of the bill apply to taxable years beginning on and after January 1, 2025. This bill incorporates HB 1581 and is identical to SB 1389.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • JJ Singh

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 318 • No: 2

Senate vote • 2/7/2025

Passed Senate Block Vote

Yes: 39 • No: 0

Senate vote • 2/6/2025

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 2/5/2025

Reported from Finance and Appropriations

Yes: 13 • No: 0

House vote • 1/28/2025

Read third time and passed House

Yes: 97 • No: 2

House vote • 1/28/2025

Passed House

Yes: 99 • No: 0

House vote • 1/22/2025

Reported from Finance with substitute

Yes: 22 • No: 0

House vote • 1/21/2025

Subcommittee recommends reporting with substitute

Yes: 8 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0289)

    3/21/2025Governor
  2. Approved by Governor-Chapter 289 (Effective 07/01/25)

    3/21/2025Governor
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025

    2/18/2025Governor
  4. Enrolled Bill communicated to Governor on February 18, 2025

    2/18/2025House
  5. Signed by President

    2/13/2025Senate
  6. Impact statement from TAX (HB2595)

    2/11/2025House
  7. Bill text as passed House and Senate (HB2595ER)

    2/10/2025House
  8. Enrolled

    2/10/2025House
  9. Signed by Speaker

    2/10/2025House
  10. Passed Senate Block Vote (39-Y 0-N)

    2/7/2025Senate
  11. Read third time

    2/7/2025Senate
  12. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N)

    2/6/2025Senate
  13. Passed by for the day

    2/6/2025Senate
  14. Rules suspended

    2/6/2025Senate
  15. Reported from Finance and Appropriations (13-Y 0-N)

    2/5/2025Senate
  16. Impact statement from TAX (HB2595)

    2/3/2025House
  17. Referred to Committee on Finance and Appropriations

    1/29/2025Senate
  18. Constitutional reading dispensed (on 1st reading)

    1/29/2025Senate
  19. Passed House (99-Y 0-N)

    1/28/2025House
  20. Reconsideration of passage agreed to by House

    1/28/2025House
  21. Read third time and passed House (97-Y 2-N)

    1/28/2025House
  22. Moved from Uncontested Calendar to Regular Calendar

    1/27/2025House
  23. Engrossed by House - committee substitute

    1/27/2025House
  24. Finance Substitute agreed to

    1/27/2025House
  25. Read second time

    1/27/2025House

Bill Text

Related Bills

Back to State Legislation