Restricts gun access model confidence 80%
Imposes an 11% excise tax on gross receipts of firearms and ammunition manufacturers from sales 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
Restricts gun access model confidence 70%
Creates a new tax specifically on the sale and distribution of firearms and ammunition by manufacturers, with revenue intended for gun violence prevention.
beginning on July 1, 2027, 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 imposes a new excise tax on manufacturers' gross receipts from firearms and ammunition sales in the state (with an exemption only for sales to law enforcement), which functions as a targeted tax on the firearms industry. This increases the cost of firearms and ammunition, restricting access and ownership under the firearms topic. It is classified under industry-liability as a measure increasing financial burdens on manufacturers and dealers, and under other for the general tax on firearms/ammunition. No other listed topics are substantively addressed.
| Date | Chamber | Motion | Yea-Nay | |
|---|---|---|---|---|
| 2026-02-03 | S | Reported from Finance and Appropriations with substitute (10-Y 5-N) | 10-5 | Passed |
| 2026-02-04 | S | Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) | 40-0 | Passed |
| 2026-02-06 | S | Read third time and passed Senate (21-Y 19-N 0-A) | 21-19 | Passed |
| Date | Chamber | Action |
|---|---|---|
| 2026-02-25 | H | Continued to next session in Finance (Voice Vote) |
| 2026-02-24 | H | Subcommittee recommends continuing to (Voice Vote) |
| 2026-02-24 | H | House subcommittee offered |
| 2026-02-23 | S | Fiscal Impact statement From TAX (2/23/2026 3:25 pm) |
| 2026-02-12 | H | Referred to Committee on Finance |
| 2026-02-12 | H | Read first time |
| 2026-02-12 | H | Placed on Calendar |
| 2026-02-06 | S | Read third time and passed Senate (21-Y 19-N 0-A) |
| 2026-02-05 | S | Engrossed by Senate - committee substitute |
| 2026-02-05 | S | Finance and Appropriations Substitute agreed to |
| 2026-02-05 | S | Read second time |
| 2026-02-04 | S | Passed by for the day Block Vote (Voice Vote) |
| 2026-02-04 | S | Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) |
| 2026-02-04 | S | Rules suspended |
| 2026-02-03 | S | Committee substitute printed 26106635D-S1 |
| 2026-02-03 | S | Reported from Finance and Appropriations with substitute (10-Y 5-N) |
| 2026-01-28 | S | Fiscal Impact statement From TAX (1/28/2026 9:12 pm) |
| 2026-01-21 | S | Referred to Committee on Finance and Appropriations |
| 2026-01-21 | S | Presented and ordered printed 26104971D |