SB 116 Virginia Senate · 2024 Regular Session

Retail sales and use tax holiday; establishes an annual tax holiday that takes place in August.

Summary

Annual retail sales and use tax holiday. Establishes an annual retail sales and use tax holiday that takes place on the first full weekend in August beginning on July 1, 2025, through July 1, 2030. During such weekend, state retail sales and use tax will not apply to certain (i) school supplies, (ii) clothing and footwear, (iii) qualified products designated as Energy Star or WaterSense, (iv) portable generators, or (v) hurricane preparedness equipment. This bill is identical to HB 25.

Bill status signed all 5 stages cleared

Introduction

Jan 2024

Committee Review

Mar 2024

Senate Passage

Mar 2024

House of Delegates Passage

Mar 2024

Signed into Law

Apr 2024

Introduced Jan 4, 2024 Signed Apr 8, 2024

Floor votes · Senate Jan 19, 2024 · House of Delegates Feb 19, 2024

How they voted

37–0

Passed · 3 other

Total votes 40

Jan 19, 2024

D Democratic21

21 Yea

100% Yea

R Republican19

16 Yea 3

84% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 8, 2024

Signed into law

Approved by Governor-Chapter 663 (effective 7/1/25)

executive

Mar 26, 2024

Lower · Passed

Signed by Speaker

lower

Mar 25, 2024

Upper · Passed

Signed by President

upper

Mar 25, 2024

Upper · Passed

Bill text as passed Senate and House (SB116ER)

upper

Mar 6, 2024

Lower · Passed

Conference report agreed to by House (99-Y 0-N)

lower

Mar 6, 2024

Upper · Passed

Conference report agreed to by Senate (40-Y 0-N)

upper

Mar 5, 2024

Legislature · Passed

Amended by conference committee

legislature

Feb 22, 2024

Committee

House requested conference committee

lower

Feb 19, 2024

Lower · Passed

VOTE: Block Vote Passage (99-Y 0-N)

lower

Feb 19, 2024

Lower · Passed

Passed House with substitute BLOCK VOTE (99-Y 0-N)

lower

Feb 14, 2024

Lower · Passed

House committee, floor amendments and substitutes offered

lower

Feb 14, 2024

Lower · Passed

Reported from Finance with substitute (22-Y 0-N)

lower

Feb 13, 2024

Committee

Referred to Committee on Finance

lower

Jan 19, 2024

Upper · Passed

Read third time and passed Senate (37-Y 0-N)

upper

Jan 16, 2024

Upper · Passed

Reported from Finance and Appropriations with substitute (15-Y 0-N)

upper

Jan 16, 2024

Upper · Passed

Senate committee, floor amendments and substitutes offered

upper

Jan 4, 2024

Committee

Referred to Committee on Finance and Appropriations

upper

1 primary · 2 co-sponsors