VirginiaHB5402025 Regular SessionHouse

Sales and use tax; exemption for food purchased for human consumption & essential personal hygiene.

Sponsored By: Joseph P. McNamara (Republican)

Failed

Summary

Sales tax; exemption for food purchased for human consumption and essential personal hygiene products. Provides an exemption from local sales and use tax beginning July 1, 2024, for food purchased for human consumption and essential personal hygiene products. The bill also provides an allocation of state revenues to fund the distribution to localities for funding that would have been distributed to them absent the exemption created by the bill. Under current law, such products are exempt from state sales and use tax but are subject to the standard local rate of one percent.

Finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Joseph P. McNamara

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

House vote • 2/7/2024

Continued to 2025 in Finance (Voice Vote)

Yes: 0 • No: 0

House vote • 2/6/2024

Subcommittee recommends continuing to 2025 (Voice Vote)

Yes: 0 • No: 0

Actions Timeline

  1. Left in Finance

    11/18/2024House
  2. Continued to 2025 in Finance (Voice Vote)

    2/7/2024House
  3. Subcommittee recommends continuing to 2025 (Voice Vote)

    2/6/2024House
  4. Assigned Finance sub: Subcommittee #2

    2/2/2024House
  5. Impact statement from TAX (HB540)

    1/17/2024House
  6. Referred to Committee on Finance

    1/9/2024House
  7. Prefiled and ordered printed; offered 01/10/24 24101582D

    1/9/2024House

Bill Text

  • Introduced

    1/15/2024

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