Proposed Virginia Firearm Legislation SB763
Legislation Overview
Title: Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.
Description: Retail sales and use tax; firearm and ammunition tax. Imposes a firearm and ammunition tax equal to 11 percent of the gross receipts from the sale and distribution of any firearm or ammunition by a firearms or ammunition manufacturer, as such terms are defined in the bill. The bill provides that proceeds from such tax shall be distributed to the general fund with the intent that such proceeds are used for gun violence prevention efforts and community safety in the Commonwealth. The bill contains a delayed effective date of July 1, 2027.
Session: 2026 Regular Regular Session
Last Action: Continued to next session in Finance (Voice Vote)
Last Action Date: February 25, 2026
Sponsors
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
1 sponsors: Angelia Williams Graves (D);
Percentage of Senate sponsoring bill: 3% (1 of 40)
History
| Chamber | Date | Action |
| House | Feb 25, 2026 | Continued to next session in Finance (Voice Vote) |
| House | Feb 24, 2026 | Subcommittee recommends continuing to (Voice Vote) |
| House | Feb 24, 2026 | House subcommittee offered |
| Senate | Feb 23, 2026 | Fiscal Impact statement From TAX (2/23/2026 3:25 pm) |
| House | Feb 20, 2026 | Assigned HFIN sub: Subcommittee #2 |
| House | Feb 12, 2026 | Placed on Calendar |
| House | Feb 12, 2026 | Referred to Committee on Finance |
| House | Feb 12, 2026 | Read first time |
| Senate | Feb 6, 2026 | Read third time and passed Senate (21-Y 19-N 0-A) |
| Senate | Feb 5, 2026 | Engrossed by Senate - committee substitute |
| Senate | Feb 5, 2026 | Read second time |
| Senate | Feb 5, 2026 | Finance and Appropriations Substitute agreed to |
| Senate | Feb 4, 2026 | Passed by for the day Block Vote (Voice Vote) |
| Senate | Feb 4, 2026 | Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) |
| Senate | Feb 4, 2026 | Rules suspended |
| Senate | Feb 3, 2026 | Committee substitute printed 26106635D-S1 |
| Senate | Feb 3, 2026 | Reported from Finance and Appropriations with substitute (10-Y 5-N) |
| Senate | Jan 28, 2026 | Fiscal Impact statement From TAX (1/28/2026 9:12 pm) |
| Senate | Jan 21, 2026 | Referred to Committee on Finance and Appropriations |
| Senate | Jan 21, 2026 | Presented and ordered printed 26104971D |
Texts
| Type | Date | State Link | Text |
| Comm Sub | Feb 3, 2026 | state link | bill text |
| Introduced | Jan 21, 2026 | state link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| Finance Amendment | Finance Amendment | Nov 30, -0001 | State Link | amendment text | No |
Votes - Click on description to view vote roll call
| Description | Vote Date | Yea Votes | Nay Votes | No Votes | Absent | Passed |
| Reported from Finance and Appropriations with substitute (10-Y 5-N) | 02/3/2026 | 10 | 5 | 0 | 0 | Yes |
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| Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) | 02/4/2026 | 40 | 0 | 0 | 0 | Yes |
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| Read third time and passed Senate (21-Y 19-N 0-A) | 02/6/2026 | 21 | 19 | 0 | 0 | Yes |
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Link: link to state bill page
