SB763
Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.
Status:
In House
Latest Action:
Feb. 6, 2026
Senate: Read third time and passed Senate (21-Y 19-N 0-A)
Chief Patron:
Angelia Williams Graves (D)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) the Virginia Gun Violence Intervention and Prevention Fund. (Less)-
Bill History
- 01/21/2026 - Senate: Presented and ordered printed 26104971D
- 01/21/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/28/2026 - Senate: Fiscal Impact statement From TAX (1/28/2026 9:12 pm)
- 02/03/2026 - Senate: Reported from Finance and Appropriations with substitute (10-Y 5-N)
- 02/03/2026 - Senate: Committee substitute printed 26106635D-S1
- 02/04/2026 - Senate: Rules suspended
- 02/04/2026 - Senate: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 02/04/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 02/05/2026 - Senate: Read second time
- 02/05/2026 - Senate: Finance and Appropriations Substitute agreed to
- 02/05/2026 - Senate: Engrossed by Senate - committee substitute
- 02/06/2026 - Senate: Read third time and passed Senate (21-Y 19-N 0-A) Close Floor Vote
