Loading chat...
VA SB788
Bill
Status
Enrolled
3/10/2026
Primary Sponsor
Russet Perry
Click for details
AI Summary
- Requires wholesale wine licensees to submit excise tax payments and reports by the 15th of each month, with electronic or postmarked submission accepted
- Establishes tiered civil penalties for late tax payments: up to 5% for delays under 30 days, with an additional 5% for each additional 30 days, capped at 25% total
- Creates a 60-day cure period after notice for licensees to pay taxes and submit required reports; if completed within this window without willful fraud, no further action may be taken
- Imposes a 50% civil penalty for false or fraudulent returns with willful intent to defraud the Commonwealth
- Mandates the Virginia Alcoholic Beverage Control Authority implement an online electronic system by January 1, 2027, for wine licensees to report purchases, sales, and tax payments
Legislative Description
Alcoholic beverage control; payment of excise tax on beer, wine coolers, and wine, penalties.
Last Action
Governor's Action Deadline 11:59 p.m., April 13, 2026
3/14/2026
Committee Referrals
Finance: Subcommittee #22/20/2026
Finance2/13/2026
Finance and Appropriations1/30/2026
Rehabilitation and Social Services1/23/2026
Full Bill Text
No bill text available