SB766
Retail Sales and Use Tax; penalty and interest for certain dealers.
Status:
Killed
Latest Action:
Feb. 3, 2026
Senate: Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
Chief Patron:
Mark Peake (R)
Session:
2026 Regular Session
Summary
As Introduced. Retail sales and use tax; penalty and interest for certain dealers.
Provides that any dealer that (i) is an operator of an event venue that neither provides nor offers overnight stays, (ii) fails to make any sales and use tax return and pay the full amount of such tax for those transactions that include both items that are taxable and nontaxable, ... (More) and (iii) has demonstrated no willful intent to defraud the Commonwealth shall only be liable for penalty and interest amounts calculated upon the amount of such unpaid tax rather than the amount of the lump sum of the subject transactions. (Less)-
Bill History
- 01/21/2026 - Senate: Presented and ordered printed 26105461D
- 01/21/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/29/2026 - Senate: Fiscal Impact statement From TAX (1/29/2026 10:50 am)
- 02/03/2026 - Senate: Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
