VA HB1362

Reduces the sales tax rate on vending machine sales of food for human consumption and essential personal hygiene products from 5-6% to 1% of wholesale purchases, effective January 1, 2027.

Maintains the current tax rate of 5.3% (or 6% in certain localities) on all other vending machine sales and on food/hygiene product sales occurring before January 1, 2027.

Prohibits any additional state or local taxes under the sales and use tax chapter on qualifying food and hygiene product vending machine sales after the effective date.

Defines "food purchased for human consumption" and "essential personal hygiene products" by reference to existing definitions in § 58.1-611.1 of the Virginia Code.