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SB268

Retail Sales and Use Tax; exemption for certain gun safes.

Status:
Enacted

Chief Patron:
John Bell (D)

Session:
2020 Regular Session

Summary

As Passed Both Chambers. Sales tax exemption; gun safes.

Establishes an exemption from retail sales tax for a gun safe with a selling price of $1,500 or less. The bill defines "gun safe" as a safe or vault that is (i) commercially available, (ii) secured with a digital or dial combination locking mechanism or biometric locking mechanism, and (iii) designed for the storage of a firearm or of ammunition for use in a firearm. Under the bill, "gun safe" does not include a glass-faced cabinet. This bill is identical to HB 888. (Less)
  • Bill History

  • 01/03/2020 - Senate: Prefiled and ordered printed; offered 01/08/20 20102386D
  • 01/03/2020 - Senate: Referred to Committee on Finance and Appropriations
  • 01/08/2020 - Senate: Moved from Finance to Finance and Appropriations due to a change of the committee name
  • 01/18/2020 - Senate: Impact statement from TAX (SB268)
  • 01/21/2020 - Senate: Reported from Finance and Appropriations with amendment (15-Y 0-N)
  • 01/22/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 01/23/2020 - Senate: Read second time
  • 01/23/2020 - Senate: Reading of amendment waived
  • 01/23/2020 - Senate: Committee amendment agreed to
  • 01/23/2020 - Senate: Engrossed by Senate as amended SB268E
  • 01/23/2020 - Senate: Printed as engrossed 20102386D-E
  • 01/24/2020 - Senate: Read third time and passed Senate (39-Y 0-N)
  • 02/11/2020 - Senate: Impact statement from TAX (SB268E)
  • 02/12/2020 - House: Placed on Calendar
  • 02/12/2020 - House: Read first time
  • 02/12/2020 - House: Referred to Committee on Finance
  • 02/12/2020 - House: Reported from Finance with substitute (22-Y 0-N)
  • 02/12/2020 - House: Committee substitute printed 20108161D-H1
  • 02/14/2020 - House: Read second time
  • 02/17/2020 - House: Read third time
  • 02/17/2020 - House: Committee substitute agreed to 20108161D-H1
  • 02/17/2020 - House: Engrossed by House - committee substitute SB268H1
  • 02/17/2020 - House: Passed House with substitute (99-Y 1-N)
  • 02/17/2020 - House: VOTE: Passage (99-Y 1-N)
  • 02/19/2020 - Senate: House substitute agreed to by Senate (31-Y 6-N)
  • 02/19/2020 - Senate: Title replaced 20108161D-H1
  • 02/24/2020 - Senate: Enrolled
  • 02/24/2020 - Senate: Bill text as passed Senate and House (SB268ER)
  • 02/24/2020 - Senate: Impact statement from TAX (SB268ER)
  • 02/24/2020 - House: Signed by Speaker
  • 02/25/2020 - Senate: Signed by President
  • 02/28/2020 - Senate: Enrolled Bill Communicated to Governor on February 28, 2020
  • 02/28/2020 - Governor: Governor's Action Deadline 11:59 p.m., March 6, 2020
  • 03/06/2020 - Governor: Approved by Governor-Chapter 191 (effective 7/1/20)
  • 03/06/2020 - Governor: Acts of Assembly Chapter text (CHAP0191)