Tuesday, October 7, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
SB1365: Tangible personal property tax relief; repealed on passenger cars, motorcycles, etc.
Chief Patron
Sen.
Russ Potts (R-27)
Russ Potts
(R-27)
Served: 1992–
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
Bill is Dead
Summary
Repeal of tangible personal property tax relief. Repeals tangible personal property tax relief on passenger cars, motorcycles, and pickup or panel trucks for tax years beginning on or after January 1, 2009. Under the bill, the annual $950 million currently dedicated for tangible personal property tax relief would be appropriated for transportation purposes.
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2 votes
