Treasurer; collection of local taxes. (HB2398)

Introduced By

Del. Johnny Joannou (D-Portsmouth)

Progress

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

Description

Treasurer; collection of local taxes.  Provides that the treasurer of each county and city shall deposit with the State Treasurer an amount equal to 0.2 percent of all local taxes or other charges collected by the treasurer. Out of these deposits: (i) six percent of any tax or other charges collected shall be retained by the Compensation Board for administrative purposes, (ii) 47 percent of any tax or charges collected by the treasurer shall be allocated to the Compensation Board in support of local treasurers in accordance with existing law, and (iii) 47 percent of any tax or other charges collected by the treasurer shall be allocated by the Compensation Board in support of local commissioners of the revenue in accordance with existing law. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/17/2011Presented and ordered printed 11103380D
01/17/2011Referred to Committee on Finance
01/19/2011Assigned Finance sub: #2
01/28/2011Impact statement from DPB (HB2398)
02/01/2011Subcommittee recommends reporting with amendment(s) (7-Y 3-N)
02/02/2011Failed to report (defeated) in Finance (6-Y 14-N) (see vote tally)