Retail Sales & Use Tax; revenue distribution to certain public facilities. (HB2419)

Introduced By

Del. Ron Villanueva (R-Virginia Beach)

Progress

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

Description

Sales tax revenue distribution; certain public facilities.  Expands the definition of the public facilities in which the sales and use taxes collected are distributed to the locality in which the facility is located for repayment of bonds issued to create the public facility. The bill also expands the time in which such bonds may be issued. Amends § 58.1-608.3 (“Entitlement to certain sales tax revenues.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History

Map

This bill mentions Suffolk, Virginia Beach, Portsmouth City, Norfolk City, Hampton City, Newport News City, Roanoke City, Salem City, Richmond City, Staunton City.