HB2225: Publications tax; created, revenue to be deposited in Water Quality Improvement Fund.

Chief Patron

Leo Wardrup (R-83)
Virginia Beach, VA
Served: 1992–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

Bill is Dead

View Entire History

Summary

Publications tax; Virginia Water Quality Improvement Fund. Creates a tax to be imposed on newspapers, magazines, newsletters, or other publications at the rate of $0.01 on every such publication delivered and sold in the Commonwealth. The revenue generated shall be deposited into the Virginia Water Quality Improvement Fund.

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Comments

Ando writes:

While I agree with the intent of this bill, funding the Water Quality Improvement Fund, particularly with dedicated revenues; the choice of a taxing newspapers, periodicals etc. seems odd.

I also wonder how sustainable this would be from a long term financial planning perspective, as more and more people obtain news through non-traditional means. This would be critical if the revenue generated was used to pay the debt service on bonds over 20 years (which I believe has been discussed among some as a method to clean up the state's waters).

Posted 20 months ago. #

Waldo Jaquith writes:

In political terms, there's little more reckless than introducing a tax on newspapers. The editorial writers aren't fond of it. :)

Posted 20 months ago. #