VA HB685 | 2014 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 7 2014 - 25% progression, died in chamber
Action: 2014-02-03 - Stricken from docket by Finance by voice vote
Text: Latest bill text (Prefiled) [HTML]

Summary

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.

Tracking Information

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Title

Communications sales and use tax revenues; changes distribution.

Sponsors


History

DateChamberAction
2014-02-03HouseStricken from docket by Finance by voice vote
2014-01-29HouseSubcommittee recommends striking from docket by voice vote
2014-01-28HouseAssigned Finance sub: Subcommittee #2
2014-01-07HouseReferred to Committee on Finance
2014-01-07HousePrefiled and ordered printed; offered 01/08/14 14100851D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581662(n/a)See Bill Text

Virginia State Sources


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