VA HB1581 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 31 2024 - 25% progression
Action: 2024-12-31 - Committee Referral Pending
Text: Latest bill text (Introduced) [HTML]

Summary

Firearm safety device tax credit; defines commercial retailer. Redefines an "eligible transaction" for purposes of the firearm safety device tax credit as one in which a taxpayer purchases one or more firearm safety devices from a commercial retailer, as defined in the bill. Current law defines "eligible transaction" as one in which a taxpayer purchases one or more firearm safety devices from a federally licensed dealer. The provisions of the bill apply to taxable years beginning on and after January 1, 2025.

Tracking Information

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Title

Firearm safety device tax credit; defines commercial retailer.

Sponsors


History

DateChamberAction
2024-12-31HouseCommittee Referral Pending
2024-12-31HousePrefiled and ordered printed; Offered 01-08-2025 25101271D

Virginia State Sources


Bill Comments

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