Virginia · 2025 Regular Session · Bill
SB 983: Retail Sales and Use Tax; dealer discount.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 983 is a bill introduced in the Virginia Senate on January 7, 2025. According to its official title, it concerns: Retail Sales and Use Tax; dealer discount. Primary sponsor: Tammy Mulchi (Republican). Most recent recorded action (February 5, 2025): Left in Finance and Appropriations.
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.
Sales and use tax; dealer discount. Provides that the dealer discount deduction for state retail sales and use tax that the dealer accounts for in submitting his return and paying the amount due, beginning July 1, 2025, will be six percent of the first three percent of the tax imposed. Under current law, the dealer discount is allowed as a deduction from the first three percent of the state retail sales and use tax that the dealer accounts for in submitting his return and paying the amount due in the following percentages: four percent, if the monthly taxable sales of the dealer are $0 to $62,500; three percent, if the monthly taxable sales of the dealer are $62,501 to $208,000; and two percent if the monthly taxable sales of the dealer are $208,001 and above.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tammy Mulchi | Primary sponsor | Republican | Senate | 9 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance and Appropriations
- Impact statement from TAX (SB983)
- Referred to Committee on Finance and Appropriations
- Prefiled and ordered printed; Offered 01-08-2025 25101234D