Constitutional amendment; limit on taxes or revenues and Revenue Stabilization Fund. (HJ647)

Introduced By

Del. John O'Bannon (R-Richmond)


Passed Committee
Passed House
Passed Senate


Constitutional amendment (first resolution); limit on taxes or revenues and the Revenue Stabilization Fund. Increases the permissible size of the Fund by 50 percent; i.e., from 10 percent to 15 percent of the Commonwealth's average annual tax revenues derived from income and sales taxes for the preceding three fiscal years. Read the Bill »


03/11/2009: Passed the General Assembly


12/17/2008Prefiled and ordered printed; offered 01/14/09 091117664
12/17/2008Referred to Committee on Privileges and Elections
01/15/2009Assigned P & E sub: Constitutional
01/26/2009Subcommittee recommends reporting
02/06/2009Reported from Privileges and Elections (22-Y 0-N) (see vote tally)
02/08/2009Passed by for the day
02/09/2009Passed by for the day
02/10/2009Taken up
02/10/2009Engrossed by House
02/10/2009Agreed to by House (98-Y 1-N)
02/10/2009VOTE: --- ADOPTION (98-Y 1-N) (see vote tally)
02/11/2009Reading waived
02/11/2009Referred to Committee on Privileges and Elections
02/17/2009Reported from Privileges and Elections (10-Y 5-N) (see vote tally)
02/19/2009Reading waived (40-Y 0-N) (see vote tally)
02/20/2009Read third time
02/20/2009Agreed to by Senate (32-Y 8-N) (see vote tally)
02/20/2009Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) (see vote tally)
02/20/2009Passed by for the day
02/23/2009Read third time
02/23/2009Agreed to by Senate (31-Y 9-N) (see vote tally)
03/09/2009Bill text as passed House and Senate (HJ647ER)
03/09/2009Signed by President
03/11/2009Signed by President
03/11/2009Signed by Speaker
04/01/2009Assigned Chapter 774 (effective 7/1/09)
04/01/2009G Acts of Assembly Chapter text (CHAP0774)