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Proposed Virginia Firearm Legislation HB1581

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Legislation Overview

Title: Firearm safety device tax credit; defines commercial retailer.

Description: 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.

Session: 2025 Regular Session

Last Action: Impact statement from TAX (HB1581)

Last Action Date: January 13, 2025

Sponsors

Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.

1 sponsors: Jason Ballard (R);

Percentage of House Of Delegates sponsoring bill: 1% (1 of 100)

History
Chamber Date Action
House Jan 13, 2025 Impact statement from TAX (HB1581)
House Dec 31, 2024 Prefiled and ordered printed; Offered 01-08-2025 25101271D
House Dec 31, 2024 Referred to Committee on Finance
Texts
Type Date State Link Text
Introduced Dec 31, 2024 state link bill text
Amendments
Title Description Date State Link Text Adopted
There are no amendments to this bill at this time
Votes - Click on description to view vote roll call

There have not been any votes on this bill

Link: link to state bill page

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