VA SB451 | 2025 | Regular Session
Note: Carry Over of previous SB451
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Corporate income tax; distribution of revenues; state parks. Requires five percent beginning July 1, 2024, of all corporate income tax revenues to be distributed to the State Park Conservation Resources Fund to provide (i) free entry to Virginia state parks and (ii) the conservation, development, maintenance, and operations of state parks acquired or held by the Department of Conservation and Recreation as provided in the appropriation act. The bill provides that such distribution shall not reduce the total amount of annual appropriations for the Department and the Fund below the total amounts appropriated for the most recent fiscal year ending before July 1, 2024, except as provided by a subsequent appropriation act.
Title
Income tax, corporate; distribution of revenues to state parks.
Sponsors
Roll Calls
2024-02-06 - Senate - Senate: Continued to 2025 in Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-02-06 | Senate | Continued to 2025 in Finance and Appropriations (15-Y 0-N) |
2024-01-09 | Senate | Referred to Committee on Finance and Appropriations |
2024-01-09 | Senate | Prefiled and ordered printed; offered 01/10/24 24100153D |
Same As/Similar To
SB451 (Carry Over) 2024-02-06 - Continued to 2025 in Finance and Appropriations (15-Y 0-N)