States / Virginia / SB 766

SB 766 In Committee

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

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Jan 21, 2026
Last action
Feb 3, 2026 — Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
Session
2026
Momentum
30 · Low