Motor vehicle insurance license tax; revenue dedicated to mass transit. (SB725)
Introduced By
Sen. Chuck Colgan (D-Manassas)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Insurance license tax revenue; dedication to mass transit. Dedicates an amount equal to the difference between one-third of the estimated revenue to be collected for all insurance license tax for each fiscal year and the estimated revenue from the motor vehicle insurance license tax; and increases the motor vehicle insurance license tax from two and one-fourth percent to four and one-half percent. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/27/2006 | Introduced at the request of Governor |
| 01/27/2006 | Presented and ordered printed 068877129 |
| 01/27/2006 | Referred to Committee on Finance |
| 02/04/2006 | Fiscal impact statement from TAX (SB725) |
| 02/14/2006 | Incorporated by Finance (SB708-Hawkins) (15-Y 0-N) |