Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB1318: Taxpayer Surplus Relief Fund; established to provide tax relief.

Chief Patron

Del. John O'Bannon (R-73)

John O'Bannon (R-73)
Richmond, VA
Served: 2001–

Progress

Yes Introduced
No Passed Committee
Yes Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/27/2008: Failed to Pass in Committee

View Entire History

Summary

Excess funds in the Revenue Stabilization Fund.  Establishes a mechanism to provide tax relief to Virginia taxpayers when the Auditor of Public Accounts determines the Revenue Stabilization Fund has reached its maximum size as provided in the Constitution of Virginia. The excess funds will be deposited in a special nonreverting fund titled the Virginia Taxpayer Surplus Relief Fund and must be used by the next session of the General Assembly to provide tax relief to Virginia taxpayers.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/09/2008, 01/09/2008, 01/17/2008, 02/04/2008, 02/04/2008, 02/05/2008, 02/06/2008, 02/06/2008, 02/07/2008, 02/07/2008, 02/08/2008 and 02/08/2008.

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Poll Results

2 votes

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Bill Text

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