SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2007 SESSION

  • | print version

SB 1167 Retail Sales and Use Tax; exemptions include hurricane preparedness equipment.

Introduced by: Kenneth W. Stolle | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Sales and use tax exemption; hurricane preparedness equipment.  Provides a sales and use tax exemption, beginning in 2008, for certain hurricane preparedness equipment purchased during a seven-day period each year beginning on May 25. The sales and use tax holiday will sunset on July 1, 2012.

SUMMARY AS PASSED SENATE:

Sales and use tax exemption; hurricane preparedness equipment.  Provides a sales and use tax exemption, beginning in 2008, for certain hurricane preparedness equipment purchased during a seven-day period each year beginning on May 25. The sales and use tax holiday will sunset on July 1, 2012.  The bill also adds to the current sales tax holiday for school-related supplies (i) computer systems with a selling price of $1500 or less, and (ii) computers and their hardware and software plus handheld calculators, with a selling price of $500 or less.

SUMMARY AS INTRODUCED:

Sales and use tax exemption; hurricane preparedness equipment.  Provides a sales and use tax exemption, beginning in 2008, for certain hurricane preparedness equipment purchased during a seven-day period each year beginning on May 25.