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]
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.
Title
Firearm safety device tax credit; defines commercial retailer.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-12-31 | House | Committee Referral Pending |
2024-12-31 | House | Prefiled and ordered printed; Offered 01-08-2025 25101271D |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/bill-details/20251/HB1581 |
Text | https://lis.virginia.gov/bill-details/20251/HB1581/text/HB1581 |