Constitutional amendment; limit on taxes or revenues and Revenue Stabilization Fund. (HJ34)

Introduced By

Del. John O'Bannon (R-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Constitutional amendment (second 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 »

Status

03/08/2010: Passed the General Assembly

History

DateAction
01/05/2010Committee
01/05/2010Prefiled and ordered printed; offered 01/13/10 10100151D
01/05/2010Referred to Committee on Privileges and Elections
01/14/2010Assigned P & E sub: #1 Constitutional
01/25/2010Subcommittee recommends reporting (6-Y 0-N)
01/29/2010Reported from Privileges and Elections (21-Y 0-N) (see vote tally)
02/02/2010Taken up
02/02/2010Engrossed by House
02/02/2010Agreed to by House (97-Y 0-N)
02/02/2010VOTE: --- ADOPTION (97-Y 0-N) (see vote tally)
02/03/2010Reading waived
02/03/2010Referred to Committee on Privileges and Elections
02/23/2010Reported from Privileges and Elections (14-Y 0-N) (see vote tally)
02/25/2010Reading waived (40-Y 0-N) (see vote tally)
02/26/2010Read third time
02/26/2010Agreed to by Senate (39-Y 0-N) (see vote tally)
03/05/2010Enrolled
03/05/2010Bill text as passed House and Senate (HJ34ER)
03/05/2010Signed by Speaker
03/08/2010Signed by President
04/13/2010G Acts of Assembly Chapter text (CHAP0772)
04/14/2010Assigned Chapter 772 (effective 7/1/10)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.

Duplicate Bills

The following bills are identical to this one: SJ81.