VA HB23 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 7 2011 - 25% progression, died in committee
Action: 2012-02-20 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on December 7 2011 - 25% progression, died in committee
Action: 2012-02-20 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Sales and use tax revenue dedicated to the Transportation Trust Fund. Increases the amount of sales and use tax revenue dedicated to the Transportation Trust Fund from an amount generated by a 0.5 percent tax rate under current law to an amount generated by a one percent tax rate, phased in by a 0.1 percent increase each year for five years, or over a longer period of time if there is a lack of growth in general fund revenues.
Title
Transportation Trust Fund; increases amount of sales and use tax revenue dedicated to Fund.
Sponsors
| Del. Mark Cole [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-20 | House: Left in Appropriations | |
| 2012-02-06 | House: Subcommittee recommends laying on the table by voice vote | |
| 2012-01-31 | House: Assigned App. sub: Transportation | |
| 2012-01-30 | House: Referred to Committee on Appropriations | |
| 2012-01-30 | House: Referred from Finance by voice vote | |
| 2012-01-12 | House: Assigned Finance sub: Subcommittee #1 | |
| 2011-12-07 | House: Referred to Committee on Finance | |
| 2011-12-07 | House: Prefiled and ordered printed; offered 01/11/12 12100457D |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 33 | 1 | 23.03:1 | (n/a) | See Bill Text |
| 58 | 1 | 638 | (n/a) | See Bill Text |
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB23 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB23+hil |
