BPOL tax; maximum fee and tax rates established by a locality. (HB10)
Introduced By
Del. Mark Cole (R-Fredericksburg) with support from co-patrons Del. Mike Watson (R-Williamsburg), and Del. Michael Webert (R-Marshall)
Progress
√ |
Introduced |
X |
Passed Committee |
√ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
BPOL tax; maximum fee and tax rates established. Precludes a locality from increasing its local license (BPOL) fees or taxes above the rates of its BPOL fees and taxes imposed for the 2011 license year. The bill also provides that a locality that elects to impose a BPOL tax on Virginia taxable income may not thereafter impose the tax on gross receipts. Amends § 58.1-3706 (“Limitation on rate of license taxes.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
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