Virginia Senate Bill 586 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2014 - 25% progression, died in chamber
Action: 2014-01-21 - Passed by indefinitely in Finance (11-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Distribution of communications sales and use tax revenues. Changes the distribution of communications sales and use tax revenues beginning with the month of August 2014 by providing that (i) first, each town would receive the same proportion of such revenues it received in fiscal year 2013-2014 and (ii) all of the remaining revenues would be distributed pro rata to those counties and cities that received a distribution in fiscal year 2013-2014, based upon the population of the county or city as shown by the most recent United States census. Currently, communications sales and use tax revenues are essentially distributed according to each locality's share of telecommunications and television cable funds (local consumer utility tax on landlines and wireless, E-911, business license tax in excess of 0.5 percent, cable franchise fee, video programming excise tax, local consumer utility tax on cable television) collected throughout the Commonwealth in fiscal year 2006.

Communications sales and use tax revenues; changes distribution.

Sen. Charles Colgan [D]

2014-01-21 - Senate - Senate: Passed by indefinitely in Finance (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2014-01-21	Senate	Passed by indefinitely in Finance (11-Y 0-N)
2014-01-10	Senate	Referred to Committee on Finance
2014-01-10	Senate	Presented and ordered printed 14103657D

Chapter	Article	Section	Citation Type	Statute Text
58	1	662	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+SB586
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB586+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S05V0026+SB0586