As we head into the final week of Session, things are winding down for the retail industry. In the past week, action was taken on the following issues:

 

ABC | Airbnb | Breach of Payroll Data

Cigarette Exemption Certificate | Felony Threshold for Larceny

Franchisees | Tax

 

 

ABC

HB 1801-Knight - Alcoholic beverage control; delivery privileges of persons holding a wine and beer license.

Download Virginia's New ABC Licensee Guide

 

Airbnb

SB 1578Norment - Short-term rental of property; registration of persons offering property for rental. (H) Reported from Appropriations (21-Y 0-N)

 

Breach of Payroll Data

HB 2113Keam - Breach of payroll data; notification requirement. (S) Passed Senate (40-Y 0-N)

SB 1033Howell - Breach of payroll data; notification requirement. (H) Passed House (99-Y 0-N)

 

Cigarette Exemption Certificate

SB 1390Howell - Cigarettes; purchase for resale, penalties. (H) Passed House (92-Y 5-N 1-A)

 

Felony Threshold for Larceny

SB 816Surovell - Grand larceny & certain property crimes; increases threshold amount of money taken, etc., to $1,000. (H) Subcommittee recommends passing by indefinitely.

 

Franchisees

HB 1394Head - Franchisees; status thereof and its employees as employees of the franchisor. (S) Passed Senate (20-Y 19-N)

 

Tax


GOOD NEWS!
The Governor signed HB 1529 into law, which extends the Sunset date for the Sales Tax Holiday to 2022 (effective 7/1/17).

 

OTHER TAX UPDATES

HB 1890Hugo - Sales and use tax; collection of taxes from consuming contractors. (S) Passed Senate (40-Y 0-N)

SB 1308McDougle - Sales and use tax; collection of taxes from consuming contractors. (H) Passed House (99-Y 0-N)

SB 1018Barker - Temporary exemption periods from retail sales and use taxes for qualifying items; sunset dates. (H) Passed House (99-Y 0-N)

SB 962Hanger - Sales and use tax; nexus for out-of-state businesses. (H) Passed House (79-Y 20-N)

 

Overall, this has been a very successful session for the retail industry. Next week, be on the look-out for a wrap-up of the entire Session where we will review all legislative issues that have been acted on this year.