Retail Sales and Use Tax; increase to be dedicated to Transportation Trust Fund. (HB5009)
Introduced By
Del. Mark Cole (R-Fredericksburg) with support from co-patrons Del. Jeff Frederick (R-Woodbridge), Del. Bob Marshall (R-Manassas), and Del. Leo Wardrup (R-Virginia Beach)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
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 one-half percent sales and use tax, to an amount generated by a 1% sales and use tax. Amends § 58.1-638 (“Disposition of state sales and use tax revenue; localities\u2019 share; Game Protection Fund.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
