Housing Trust Fund; name change, deposit of recordation tax revenues into Fund. (HB1825)

Introduced By

Del. Terrie Suit (R-Virginia Beach)

Progress

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

Description

Housing Trust Fund. Provides that 50% of the annual revenue collection from the taxes and fees from the state recordation tax that are in excess of the official estimates for such taxes and fees, unless otherwise provided in the general appropriation act, shall be set apart in a permanent and perpetual fund to be known as the Virginia Housing Trust Fund. This bill is a recommendation of the Virginia Housing Commission. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/03/2007Committee
01/03/2007Prefiled and ordered printed; offered 01/10/07 071408140
01/03/2007Referred to Committee on Appropriations
01/10/2007Assigned App. sub: Commerce, Agriculture, and Natural R...
01/22/2007Impact statement from DPB (HB1825)
01/25/2007Impact statement from DPB (HB1825)