SB763 — Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.

SB763 — Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax. · Informed CitizenryThis bill amends the Code of Virginia to create a new chapter in Title 58.1 regarding a firearm and ammunition tax. Beginning July 1, 2027, an excise tax of 11 percent is imposed on firearms and am…Open in Informed Citizenry