2014 SESSION

Convened January 8, 2014
Adjourned sine die March 8, 2014
Reconvened April 23, 2014
Adjourned sine die April 23, 2014

SALES AND USE TAX

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation

(C) Carried over to 2015 Session

Communications sales and use tax revenues; changes distribution. Amending § 58.1-662. (Patron-Torian, HB 685 (F); Colgan, SB 586 (F))

Economic development, local; Virginia income tax net revenue and sales and use tax generated by certain corporations or limited liability companies within a qualified locality shall be transferred to locality under certain conditions. Adding § 15.2-941.1. (Patron-Garrett, SB 656 (C))

Income and sales and use taxes; expiration dates for various credits and exemptions. Amending §§ 58.1-334, 58.1-337, 58.1-339.2, 58.1-339.3, 58.1-339.4, 58.1-339.6, 58.1-432, 58.1-436, 58.1-438.1, 58.1-439, 58.1-439.1, and 58.1-609.1. (Patron-Hugo, HB 995 (C))

Motor vehicle sales and use tax; definition of sale price. Amending §§ 58.1-2401, 58.1-2405, and 58.1-3503. (Patron-Marshall, D.W., HB 65 (F))

Motor vehicle sales and use tax; exempts motor vehicles sold to certain nonprofits that use vehicle primarily for transporting produce purchased from local farmers to markets for sale. Amending § 58.1-2403. (Patron-Hester, HB 1108 (Chapter 243))

Motor vehicle sales and use tax; reduces sale price by value of any trade-in. Amending § 58.1-2401. (Patron-Minchew, HB 148 (C))

Retail Sales and Use Tax; adds providers of television satellite services to types of businesses that may apply to Tax Commissioner to pay directly to Department of Taxation. Amending § 58.1-624. (Patron-Ruff, SB 84 (F))

Retail Sales and Use Tax; allows entitlement to sales tax revenue to begin quarterly with first quarter in which revenue is generated in a building or structure within public facility. Amending § 58.1-608.3. (Patron-Puckett, SB 673 (Chapter 551))

Retail Sales and Use Tax; City of Bristol and Washington County entitled to certain revenues. Amending § 58.1-608.3. (Patron-Carrico, SB 214 (F))

Retail Sales and Use Tax; City of Bristol and Washington County entitled to certain revenues, development of regional impact, issuance of bonds by municipality. Amending § 58.1-608.3. (Patron-O’Quinn, HB 593 (F))

Retail Sales and Use Tax; exemption includes gold, silver, and platinum bullion. Amending § 58.1-609.1. (Patron-Miller, HB 57 (C))

Retail Sales and Use Tax; exemption includes sales made by a private establishment on any United States military base. Amending §§ 58.1-609.10, 58.1-3833, and 58.1-3840. (Patron-Villanueva, HB 483 (F))

Retail Sales and Use Tax; exemption increased to $50 maximum sales price of each article of school supplies. Amending § 58.1-611.2. (Patron-LeMunyon, HB 430 (F))

Retail Sales and Use Tax; modifies exemption for school supplies and clothing, includes laptop, desktop, or tablet computers, but not supplies or software items. Amending § 58.1-611.2. (Patron-Wilt, HB 960 (F))

Retail Sales and Use Tax; phases out over a five-year period tax on food purchased for human consumption. Amending §§ 58.1-611.1 and 58.1-638. (Patron-LeMunyon, HB 433 (F))

Retail Sales and Use Tax; revenues from certain baseball facilities, clarification of definition of public facility. Amending § 58.1-608.3. (Patron-Stuart, SB 579 (Chapter 718))

Retail Sales and Use Tax; satellite television programming equipment. Amending § 58.1-602. (Patron-Ruff, SB 100 (Chapter 359))

Tax restructuring; modifies individual income and retail sales and use taxes. Amending §§ 15.2-5800, 15.2-5921, 33.1-23.03:2, 33.1-23.03:8, 58.1-320, 58.1-321, 58.1-603, 58.1-604, 58.1-604.1, 58.1-608.3, 58.1-609.5, 58.1-609.10, 58.1-609.11, 58.1-611.1, 58.1-614, 58.1-638, and 58.1-639; adding §§ 33.1-23.5:5 and 58.1-604.1:1; repealing §§ 58.1-603.1 and 58.1-604.01. (Patron-Lingamfelter, HB 729 (C))

Transportation funding; date change on certain scheduled increases in sales and use tax revenue. Amending third enactment of Chapter 766, 2013 Acts. (Patron-Marshall, D.W., HB 68 (F))

Virginia Beach arena; City of Virginia Beach may use its Arena Financing Fund to collect sales and use tax revenues and remit such revenues to private facility owner as contribution towards cost of facility. Amending §§ 15.2-5925, 15.2-5926, and fifth enactment of Chapter 767, 2013 Acts. (Patron-O’Quinn, HB 734 (F))

Virginia Beach arena; if City of Virginia Beach issues bonds for a facility or enters into contract for construction, development, etc., then it shall create an Arena Financing Fund, sales and use tax revenues shall be used only for payment of debt service or to meet contractual obligations for construction, etc., of facility, report. Amending §§ 15.2-5922, 15.2-5923, 15.2-5925, 15.2-5926, 15.2-5927, and second and fifth enactments of Chapter 767, 2013 Acts. (Patron-Knight, HB 1267 (Chapter 738); Wagner, SB 571 (Chapter 742))