Virginia House Bill 1618 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2023 - 25% progression, died in committee
Action: 2023-02-07 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Revenue Stabilization Fund and Revenue Reserve Fund; required deposits. Requires deposit of any revenues that would be required to be deposited in the Revenue Stabilization Fund or Revenue Reserve Fund to be deposited in the Taxpayer Relief Fund, established by the bill, in certain circumstances. Such deposits shall be made if the combined balance in the Revenue Stabilization Fund or Revenue Reserve Fund exceeds 15 percent of the Commonwealth's average annual tax revenues derived from taxes on income and retail sales.

Revenue Stabilization Fund and Revenue Reserve Fund; required deposits.

Del. Joseph McNamara [R]

2023-01-23 - House - House: Subcommittee recommends laying on the table (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2023-02-07	House	Left in Appropriations
2023-01-23	House	Subcommittee recommends laying on the table (8-Y 0-N)
2023-01-13	House	Assigned App. sub: General Government and Capital Outlay
2023-01-07	House	Referred to Committee on Appropriations
2023-01-07	House	Prefiled and ordered printed; offered 01/11/23 23101662D

Chapter	Article	Section	Citation Type	Statute Text
2	2	1812.1	(n/a)	See Bill Text
2	2	1829	(n/a)	See Bill Text
2	2	1831.3	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB1618
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB1618+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB1618F122+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H0204V0002+HB1618