License fees; authorizes local body to charge according to gross receipts of business. (HB2929)

Introduced By

Del. Jackson Miller (R-Manassas)

Description

Local license fees. Authorizes any county, city, or town to impose a business license fee in an amount not to exceed $1,000 and to vary the amount of the fee according to the amount of the gross receipts of the business. Under current law, the maximum fee is $50 for localities having a population of 25,000 or more and $30 for localities having a population of less than 25,000. The bill does not alter current law that permits localities to impose a license tax on any business on which a license fee is not imposed. Amends § 58.1-3703 (“Counties, cities and towns may impose local license taxes and fees; limitation of authority.”), of the Code of Virginia. View Full Text »

Outcome

1 vote