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

DateAction
01/27/2006Introduced at the request of Governor
01/27/2006Presented and ordered printed 068877129
01/27/2006Referred to Committee on Finance
02/04/2006Fiscal impact statement from TAX (SB725)
02/14/2006Incorporated by Finance (SB708-Hawkins) (15-Y 0-N)

Duplicate Bills

The following bills are identical to this one: HB1613.