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VA HB550
VA HB550Admissions tax in counties; retail sales and use tax dedicated to promotion of tourism.
summary
Introduced
01/13/2026
01/13/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
02/03/2026
02/03/2026
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Admissions tax in counties; retail sales and use tax dedicated to promotion of tourism. Allows a county in which a state sales and use tax of at least one percent that is at least partially dedicated to the promotion of tourism is imposed to levy a tax on admissions for attendance at an event. Under current law, any county may levy a tax on admissions for attendance at an event except such counties in which a state sales and use tax of at least one percent that is at least partially dedicated to the promotion of tourism is imposed.
AI Summary
This bill amends a Virginia law concerning local taxes, specifically the admissions tax that counties can levy on event tickets. Currently, counties that impose a state sales and use tax of at least one percent, with a portion of that tax dedicated to promoting tourism, are *prohibited* from levying their own admissions tax. This bill removes that prohibition, meaning such counties will now be allowed to impose an admissions tax on event tickets, in addition to their existing tourism-focused sales and use tax. The admissions tax can be up to 10 percent of the ticket price, and counties can set the specific terms and conditions, including different rates for charitable versus non-charitable events.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Passed Senate (24-Y 14-N 0-A) (on 02/19/2026)
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/20261/HB550 |
| Fiscal Note/Analysis - Fiscal Impact statement From TAX (1/19/2026 3:03 pm) | https://lis.blob.core.windows.net/files/1091145.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB550/text/HB550 |
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