VirginiaSB7632027 Regular SessionSenate

Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.

Sponsored By: Angelia Williams Graves (Democratic)

Passed

Summary

Retail sales and use tax; firearm and ammunition tax. Imposes a firearm and ammunition tax equal to 11 percent of the gross receipts from the sale and distribution of any firearm or ammunition by a firearms or ammunition manufacturer, as such terms are defined in the bill. The bill provides that proceeds from such tax shall be distributed to the general fund with the intent that such proceeds are used for gun violence prevention efforts and community safety in the Commonwealth. The bill contains a delayed effective date of July 1, 2027.

Subcommittee #2

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Angelia Williams Graves

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Continued from last session

    7/21/2026House
  2. Continued to 2027 in Finance (Voice Vote)

    2/25/2026House
  3. House subcommittee offered

    2/24/2026House
  4. Subcommittee recommends continuing to 2028 (Voice Vote)

    2/24/2026House
  5. Fiscal Impact statement From TAX (2/23/2026 3:25 pm)

    2/23/2026Senate
  6. Referred to Committee on Finance

    2/12/2026House
  7. Read first time

    2/12/2026House
  8. Placed on Calendar

    2/12/2026House
  9. Read third time and passed Senate (21-Y 19-N 0-A)

    2/6/2026Senate
  10. Engrossed by Senate - committee substitute

    2/5/2026Senate
  11. Finance and Appropriations Substitute agreed to

    2/5/2026Senate
  12. Read second time

    2/5/2026Senate
  13. Passed by for the day Block Vote (Voice Vote)

    2/4/2026Senate
  14. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)

    2/4/2026Senate
  15. Rules suspended

    2/4/2026Senate
  16. Committee substitute printed 26106635D-S1

    2/3/2026Senate
  17. Reported from Finance and Appropriations with substitute (10-Y 5-N)

    2/3/2026Senate
  18. Fiscal Impact statement From TAX (1/28/2026 9:12 pm)

    1/28/2026Senate
  19. Referred to Committee on Finance and Appropriations

    1/21/2026Senate
  20. Presented and ordered printed 26104971D

    1/21/2026Senate

Bill Text

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