VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2005 SESSION

• | print version

SB 1193 Retail Sales & Use Tax; reduction of rate on food purchased for human consumption, effective date.

Introduced by: H. Russell Potts, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use taxes, reduction of rate on food purchased for human consumption. Provides that the retail sales and use tax on food purchased for human consumption shall be imposed at a rate of 2.5 percent on and after July 1, 2005 (1.5 percent state and 1 percent local). Current law provides that the sales and use tax on food shall be imposed at a rate of 3.5 percent beginning July 1, 2005; 3 percent beginning July 1, 2006; and 2.5 percent beginning July 1, 2007. The bill accelerates the tax relief.

FULL TEXT

• 01/12/05  Senate: Prefiled & ordered printed; offered 01/12/05 059042127  pdf | impact statement

HISTORY

• 01/12/05  Senate: Prefiled & ordered printed; offered 01/12/05 059042127
• 01/12/05  Senate: Referred to Committee on Finance
• 01/19/05  Senate: Incorporated by Fin. (SB708-Chichester) (15-Y 0-N)