WV HB2816 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 7 2017 - 25% progression, died in chamber
Action: 2017-03-28 - House rejected (Roll No. 225)
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on March 7 2017 - 25% progression, died in chamber
Action: 2017-03-28 - House rejected (Roll No. 225)
Text: Latest bill text (Comm Sub) [HTML]
Summary
The purpose of this bill is to solve the immediate fiscal crisis and stabilize the budget of the State of West Virginia. This bill increases the sales and service tax and use tax rates by one-half cent from 6% to 6.5%, with an expiration date of June 30, 2020, if certain parameters are met with respect to the revenue shortfall reserve funds. The bill also limits the exemption or exception of certain professional services and advertising services from the sales and services tax and use tax, and eliminates the exemption from sales tax for certain sales of materials acquired for use in state highway projects. This bill creates and provides for the operation of an annual privilege tax of two tenths of 1% on the gross income of entities engaging in commercial activity in this state, exempting certain entities from the tax, and providing for an expiration date of June 30, 2020 if certain parameters are met with respect to revenue shortfall reserve funds. In addition, this bill increases the rate of the barrel tax on nonintoxicating beer and eliminates the film industry tax credit. Finally, this bill establishes a commission to study feasibility of eliminating West Virginia personal income tax.
Title
Eliminating new film tax credits
Sponsors
Del. Tim Miley [D] |
Roll Calls
2017-03-28 - House - House rejected (Roll No. 225) (Y: 39 N: 60 NV: 1 Abs: 0) [FAIL]
2017-03-27 - House - Amendment rejected (Roll No. 208) (Y: 0 N: 97 NV: 3 Abs: 0) [FAIL]
2017-03-27 - House - Amendment rejected (Roll No. 207) (Y: 0 N: 97 NV: 3 Abs: 0) [FAIL]
2017-03-27 - House - Amendment rejected (Roll No. 208) (Y: 0 N: 97 NV: 3 Abs: 0) [FAIL]
2017-03-27 - House - Amendment rejected (Roll No. 207) (Y: 0 N: 97 NV: 3 Abs: 0) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2017-03-28 | House | House rejected (Roll No. 225) |
2017-03-28 | House | Read 3rd time |
2017-03-28 | House | On 3rd reading, Special Calendar |
2017-03-27 | House | Amendment rejected (Roll No. 208) |
2017-03-27 | House | Amendment rejected (Roll No. 207) |
2017-03-27 | House | Read 2nd time |
2017-03-27 | House | Placed at foot of 2nd reading |
2017-03-27 | House | On 2nd reading, Special Calendar |
2017-03-25 | House | Read 1st time |
2017-03-25 | House | On 1st reading, Special Calendar |
2017-03-24 | House | By substitute, do pass |
2017-03-07 | House | To House Finance |
2017-03-07 | House | Introduced in House |
2017-03-07 | House | To Finance |
2017-03-07 | House | Filed for introduction |
Same As/Similar To
SB484 (Similar To) 2017-04-05 - Communicated to Senate
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 13X | 13 | Amended Code | Citation Text |
11 | 13X | 4 | Amended Code | Citation Text |
11 | 15 | 3 | Amended Code | Citation Text |
11 | 15 | 8 | Amended Code | Citation Text |
11 | 15 | 9 | Amended Code | Citation Text |
11 | 15A | 2 | Amended Code | Citation Text |
11 | 16 | 13 | Amended Code | Citation Text |
11 | 21 | 97 | New Code | See Bill Text |
11 | 28 | 1 | New Code | See Bill Text |
11 | 28 | 10 | New Code | See Bill Text |
11 | 28 | 11 | New Code | See Bill Text |
11 | 28 | 12 | New Code | See Bill Text |
11 | 28 | 13 | New Code | See Bill Text |
11 | 28 | 14 | New Code | See Bill Text |
11 | 28 | 15 | 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 |
11 | 28 | 7 | New Code | See Bill Text |
11 | 28 | 8 | New Code | See Bill Text |
11 | 28 | 9 | New Code | See Bill Text |