Restricts gun access model confidence 80%
Imposes an 11% excise tax on gross receipts of firearms and ammunition manufacturers from sales and distribution in Virginia, increasing costs for the industry.
an excise tax is hereby imposed upon firearms and ammunition manufacturers at the rate of 11 percent of the gross receipts from the sale and distribution in the Commonwealth of any firearms or ammunition.
✓ Quote verified word for word in the bill text
Status: Died (session ended)
Why the model tagged it this way: The bill creates a new excise tax specifically on licensed firearms and ammunition manufacturers based on their gross receipts from sales in the state (with an exemption only for sales to law enforcement), which is a form of industry-specific tax that burdens firearm manufacturers and dealers. This falls under the firearms topic's industry-liability subtag as it affects the legal and financial environment for the firearms industry. No other listed topics are substantively addressed.
| Date | Chamber | Action |
|---|---|---|
| 2026-02-11 | H | Incorporated by Finance (HB919-Lopez) (Voice Vote) |
| 2026-02-10 | H | Subcommittee recommends incorporating (Voice Vote) |
| 2026-02-06 | H | Assigned HFIN sub: Subcommittee #2 |
| 2026-02-01 | H | Fiscal Impact statement From TAX (2/1/2026 11:20 am) |
| 2026-01-14 | H | Referred to Committee on Finance |
| 2026-01-14 | H | Prefiled and ordered printed; Offered 01-14-2026 26104910D |