WV SB618 | 2013 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 22 2013 - 25% progression, died in committee
Action: 2013-03-22 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 22 2013 - 25% progression, died in committee
Action: 2013-03-22 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to create the Tax Revenue Act of 2013. The bill increases taxes on tobacco, beer, wine and liquor and provides for assessment of business machinery and equipment at salvage value. It establishes a special account for the increased revenue and provides that the first $1 million received from the increases be directed to the West Virginia Department of Agriculture to assist farmers with tobacco crop replacement programs. The bill also permits counties to make application for distribution of an amount equal to the 2012 revenue received by the county from the personal property tax on business machinery and equipment.
Title
Creating Tax Revenue Act of 2013
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-03-22 | Senate | To Finance |
2013-03-22 | Senate | Introduced in Senate |
2013-03-22 | Senate | To Finance |
2013-03-22 | Senate | Filed for introduction |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 28 | 1 | New Code | See Bill Text |
11 | 28 | 2 | New Code | See Bill Text |
11 | 28 | 3 | New Code | See Bill Text |
11 | 28 | 4 | New Code | See Bill Text |
11 | 28 | 5 | New Code | See Bill Text |
11 | 28 | 6 | New Code | See Bill Text |