Alcoholic beverage control; ABC Board to deduct percentage from its net profits. (HB1416)

Introduced By

Del. Onzlee Ware (D-Roanoke)

Progress

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

Description

Alcoholic beverage control; tax increases; substance abuse treatment fund. Requires the ABC Board to deduct quarterly five percent from its net profits to be paid into the Substance Abuse Treatment Fund, which is created in the bill. The fund shall be administered by the Secretary of Health and Human Resources and money in the fund shall be used solely to support substance abuse treatment programs throughout Virginia. The bill also raises the excise tax on beer and wine coolers and the liter tax on wine. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2008Committee
01/11/2008Presented and ordered printed 081052776
01/11/2008Referred to Committee on General Laws
01/17/2008Assigned GL sub: ABC/Gaming
01/22/2008Impact statement from DPB (HB1416)
02/12/2008Left in General Laws