VA SB132 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2010 - 25% progression, died in committee
Action: 2010-02-16 - Senate: Left in Finance
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Retail sales and use tax; distribution to Transportation Trust Fund. Increases the distribution to the Transportation Trust Fund from the sales and use tax revenue generated by a one-half percent sales and use tax to the sales and use tax revenue generated by a one percent sales and use tax upon the Comptroller determining in any fiscal year that (i) the growth in general fund revenues for the most recently completed fiscal year was at least three percent, and (ii) the actual dollar increase in general fund revenues for the most recently completed fiscal year was at least equal to the sales and use tax revenue generated by a one-half percent sales and use tax.

Tracking Information

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Title

Retail Sales and Use Tax; increases distribution to Transportation Trust Fund.

Sponsors


History

DateChamberAction
2010-02-16 Senate: Left in Finance
2010-01-11 Senate: Referred to Committee on Finance
2010-01-11 Senate: Prefiled and ordered printed; offered 01/13/10 10102072D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581602(n/a)See Bill Text
581638(n/a)See Bill Text

Virginia State Sources


Bill Comments

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