SB572
Retail Sales and Use tax; exemptions for tangible personal property used for public improvements.
Status:
Killed
Latest Action:
Jan. 28, 2026
Senate: Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
Chief Patron:
Bryce Reeves (R)
Session:
2026 Regular Session
Summary
As Introduced. Retail sales and use tax; exemptions for tangible personal property used for public improvements.
Exempts from retail sales and use tax any tangible personal property reasonably necessary for use or consumption by a contractor in connection with a contract with the Commonwealth, any political subdivision of the Commonwealth, or the United States to make public improvements to real property owned by such governmental entity ... (More) or real property to which title shall pass to the governmental entity upon completion of such contract. (Less)-
Bill History
- 01/14/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100917D
- 01/14/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/27/2026 - Senate: Fiscal Impact statement From TAX (1/27/2026 12:12 pm)
- 01/28/2026 - Senate: Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
