summary
Introduced
01/13/2026
01/13/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Firearm and ammunition tax. Imposes a firearm and ammunition tax equal to 11 percent of the gross receipts from the retail sale of any firearm or ammunition by a dealer in firearms, firearms manufacturer, or ammunition vendor, as such terms are defined in the bill. The bill provides that proceeds from such tax shall be distributed to the Virginia Gun Violence Intervention and Prevention Fund.
AI Summary
This bill imposes an 11 percent excise tax on firearms and ammunition manufacturers, calculated on their gross receipts (total income from sales) within the Commonwealth, starting July 1, 2027, with the exception of sales to federal, state, or local law-enforcement agencies. The bill defines "firearm" to include assault firearms, firearms, and handguns as defined in another section of law, but excludes antique firearms and curios or relics, and defines "firearm and ammunition manufacturer" as any entity licensed to produce such items. The revenue generated from this tax will be distributed to the general fund, with the intent that these funds be used for gun violence prevention efforts and community safety initiatives. The collection and administration of this new tax will follow the existing procedures for sales and use taxes, unless otherwise specified in this bill.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Continued pursuant to House Rule 22 to 2027 in Finance (on 02/16/2026)
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/HB919 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB919/text/HB919H1 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB919/text/HB919HC1 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB919/text/HB919HC2 |
| Fiscal Note/Analysis - Fiscal Impact statement From TAX (2/1/2026 2:11 pm) | https://lis.blob.core.windows.net/files/1105406.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB919/text/HB919 |
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