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Virginia · 2026 Regular Session · Bill

SB 766: Retail Sales and Use Tax; penalty and interest for certain dealers.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 766 is a bill introduced in the Virginia Senate on January 21, 2026. According to its official title, it concerns: Retail Sales and Use Tax; penalty and interest for certain dealers. Primary sponsor: Mark Peake (Republican). It lists 1 additional sponsor. Most recent recorded action (February 3, 2026): Passed by indefinitely in Finance and Appropriations (10-Y 5-N).

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; penalty and interest for certain dealers. Provides that any dealer that (i) is an operator of an event venue that neither provides nor offers overnight stays, (ii) fails to make any sales and use tax return and pay the full amount of such tax for those transactions that include both items that are taxable and nontaxable, and (iii) has demonstrated no willful intent to defraud the Commonwealth shall only be liable for penalty and interest amounts calculated upon the amount of such unpaid tax rather than the amount of the lump sum of the subject transactions.

Sponsors

Sponsors by party (alphabetical): Republican 2

NameRolePartyChamberDistrict
Mark PeakePrimary sponsorRepublicanSenate8
Joe McNamaraCo-sponsorRepublicanHouse40

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
  2. Fiscal Impact statement From TAX (1/29/2026 10:50 am)
  3. Referred to Committee on Finance and Appropriations
  4. Presented and ordered printed 26105461D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source