Income tax, state; dedicates a portion of car tax to localities. (HB2262)

Introduced By

Del. Tom Rust (R-Herndon) with support from co-patrons Del. Dave Albo (R-Springfield), and Sen. Ken Cuccinelli (R-Fairfax)

Progress

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

Description

Car tax; dedicates a portion of income tax to localities. Repeals the car tax reimbursement program and replaces it by dedicating 17.5% of the state individual income tax collections to localities. The bill is effective January 1, 2009, but only if a constitutional amendment is ratified in November 2008, exempting from taxation all motor vehicles used for nonbusiness purposes. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2007Committee
01/09/2007Prefiled and ordered printed; offered 01/10/07 074292492
01/09/2007Referred to Committee on Finance
01/18/2007Assigned Finance sub: #2 (Ware, R.L.)
01/21/2007Impact statement from TAX (HB2262)