Bill > HB550

This bill amends a Virginia law concerning admissions taxes in counties, specifically impacting the ability of counties to levy a tax on admissions for events. Currently, any county can impose this tax, with an exception for counties that already have a state sales and use tax of at least one percent dedicated, at least partially, to promoting tourism. This bill proposes to remove that exception, meaning that counties with a state sales and use tax that is at least partially dedicated to tourism promotion will now be permitted to also levy their own admissions tax on event attendance, which cannot exceed 10 percent of the admission charge.