West Virginia Senate Bill 539 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on February 8 2012 - 25% progression, died in committee
Action: 2012-02-15 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to amend the Tourism Development Act by adding a small scale tourism development component and credit to the Act; by removing the cap on the amount of annual credit that may be awarded for destination tourism expansion projects approved after June 30, 2012; by providing a rule for determining the amount of allowable credit when an approved project is a multi-year, multi-phase project, including a presumption that consumers sales and service tax is collected on calendar year basis; and by adding an ancillary tourism facilities development component and credit.

Relating generally to WV Tourism Development Act

Sen. Richard Browning [D]	Sen. Truman Chafin [D]	Sen. Dan Foster [D]	Sen. Jeffrey Kessler [D]
Sen. Orphy Klempa [D]	Sen. Robert Plymale [D]	Sen. Ron Stollings [D]	Sen. John Unger [D]

Date	Chamber	Action
2012-02-15		To Finance
2012-02-15		Reported do pass, but first to Finance
2012-02-08		To Economic Development
2012-02-08		Introduced in Senate
2012-02-08		To Economic Development then Finance
2012-02-08		Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
5B	2E	5	Amended Code	Citation Text
5B	2E	7a	Amended Code	Citation Text
5B	2E	7b	New Code	See Bill Text
5B	2E	7c	New Code	See Bill Text
5B	2E	7d	New Code	See Bill Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=539&year=2012&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=sb539%20intr.htm&yr=2012&sesstype=RS&i=539