summary
Introduced
01/08/2025
01/08/2025
In Committee
02/05/2025
02/05/2025
Crossed Over
01/27/2025
01/27/2025
Passed
02/10/2025
02/10/2025
Dead
Signed/Enacted/Adopted
03/24/2025
03/24/2025
Introduced Session
2025 Regular Session
Bill Summary
Transient occupancy tax; administration. Provides that an accommodations provider shall not be required to transmit a transient occupancy tax return to a locality if (i) all retail sales of accommodations owned by the accommodations provider are facilitated by an accommodations intermediary and (ii) the accommodations provider attests to the locality that all such sales were facilitated by an accommodations intermediary. Such attestation shall be effective for 12 months beginning with the month in which the attestation is made, and annual attestations shall be due thereafter on a date set by the locality. However, such accommodations provider shall be required to transmit returns for the retail sale of any accommodations not facilitated by an accommodations intermediary.The bill also requires that information provided by an accommodations intermediary to a local commissioner of the revenue, treasurer, or any other local tax or revenue officer or employee of a county, city, or town for transient occupancy tax purposes shall be confidential and shall not be divulged to any other department or official of the locality or any other political subdivision of the Commonwealth. Such information shall be used by such officials only for the purpose of levying and collecting retail sales and use tax, transient occupancy tax, and any other taxes imposed on the sale of accommodations. This bill is identical to SB 1402.
AI Summary
This bill amends Virginia law regarding transient occupancy tax (TOT) administration, focusing on simplifying reporting requirements for accommodations providers and establishing confidentiality protocols for tax-related information. The bill allows an accommodations provider to be exempt from transmitting tax returns to a locality if all of their accommodation sales are facilitated by an accommodations intermediary (such as an online booking platform) and the provider provides an annual attestation to this effect. The provider would still be required to submit returns for any accommodations not facilitated by an intermediary. Additionally, the bill adds a new provision ensuring that any information provided by an accommodations intermediary to local tax officials remains confidential and can only be used for purposes of levying and collecting taxes related to accommodation sales. The confidentiality requirement means that such tax information cannot be shared with other departments or officials within the locality or other political subdivisions of Virginia. These changes aim to streamline tax reporting processes for accommodations providers while maintaining strict confidentiality of tax-related information.
Committee Categories
Budget and Finance
Sponsors (6)
Candi Mundon King (D)*,
Nadarius Clark (D),
Joshua Cole (D),
J.R. Henson (D),
Patrick Hope (D),
Fernando Martinez (D),
Last Action
Acts of Assembly Chapter text (CHAP0458) (on 03/24/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20251/HB2383 |
| BillText | https://lis.virginia.gov/bill-details/20251/HB2383/text/CHAP0458 |
| Fiscal Note/Analysis - Impact statement from TAX (HB2383) | https://lis.blob.core.windows.net/files/1054083.PDF |
| BillText | https://lis.virginia.gov/bill-details/20251/HB2383/text/HB2383ER |
| Fiscal Note/Analysis - Impact statement from TAX (HB2383) | https://lis.blob.core.windows.net/files/1022595.PDF |
| BillText | https://lis.virginia.gov/bill-details/20251/HB2383/text/HB2383 |
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