Virginia · 2026 Regular Session · Bill
SB 763: Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 763 is a bill introduced in the Virginia Senate on January 21, 2026. According to its official title, it concerns: Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax. Primary sponsor: Angelia Graves (Democratic). Most recent recorded action (February 25, 2026): Continued to next session in Finance (Voice Vote).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Retail sales and use tax; firearm and ammunition tax. Imposes a firearm and ammunition tax equal to 11 percent of the gross receipts from the sale and distribution of any firearm or ammunition by a firearms or ammunition manufacturer, as such terms are defined in the bill. The bill provides that proceeds from such tax shall be distributed to the general fund with the intent that such proceeds are used for gun violence prevention efforts and community safety in the Commonwealth. The bill contains a delayed effective date of July 1, 2027.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Angelia Graves | Primary sponsor | Democratic | Senate | 21 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Continued to next session in Finance (Voice Vote)
- Subcommittee recommends continuing to (Voice Vote)
- House subcommittee offered
- Fiscal Impact statement From TAX (2/23/2026 3:25 pm)
- Referred to Committee on Finance
- Read first time
- Placed on Calendar
- Read third time and passed Senate (21-Y 19-N 0-A)
- Engrossed by Senate - committee substitute
- Finance and Appropriations Substitute agreed to
- Read second time
- Passed by for the day Block Vote (Voice Vote)
Showing 12 most recent of 19 actions. Full history