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2021 SESSION

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HB 1751 Peanuts; extends sunset date of excise tax on all peanuts grown in Virginia.

Introduced by: Emily M. Brewer | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Excise tax on peanuts. Extends from July 1, 2021, to July 1, 2026, the sunset date of the excise tax on all peanuts grown in Virginia and reduces from $0.30 per 100 pounds to $0.25 per 100 pounds the excise tax rate. The proceeds from this tax are used for promoting the sales and use of Virginia peanuts.


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