Constitutional amendment; limit on taxes or revenues and Revenue Stabilization Fund. (SB362)
Introduced By
Sen. George Barker (D-Alexandria)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Constitutional amendment (voter referendum); limit on taxes or revenues and the Revenue Stabilization Fund. Provides for a referendum at the November 2010 election on the approval of a proposed constitutional amendment relating to the limit on the size of the Revenue Stabilization Fund. The proposed amendment 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 »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10102586D |
01/12/2010 | Referred to Committee on Privileges and Elections |
01/25/2010 | Assigned to P&E sub: Constitutional Amendments, Reapportionment, Referenda |
01/26/2010 | Reported from Privileges and Elections (15-Y 0-N) (see vote tally) |
01/26/2010 | Rereferred to Finance |
02/02/2010 | Reported from Finance (15-Y 0-N) (see vote tally) |
02/03/2010 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/04/2010 | Read second time and engrossed |
02/08/2010 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/15/2010 | Impact statement from DPB (SB362) |
02/16/2010 | Placed on Calendar |
02/16/2010 | Read first time |
02/16/2010 | Referred to Committee on Privileges and Elections |
02/17/2010 | Assigned P & E sub: #1 Constitutional |
02/22/2010 | Subcommittee recommends reporting (5-Y 0-N) |
02/26/2010 | Reported from Privileges and Elections (20-Y 0-N) (see vote tally) |
03/01/2010 | Read second time |
03/02/2010 | Read third time |
03/02/2010 | Passed House BLOCK VOTE (99-Y 0-N) |
03/02/2010 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/10/2010 | Enrolled |
03/10/2010 | Bill text as passed Senate and House (SB362ER) |
03/10/2010 | Signed by Speaker |
03/11/2010 | Impact statement from DPB (SB362ER) |
03/12/2010 | Signed by President |
03/18/2010 | Impact statement from DPB (SB362ER) |
04/11/2010 | G Approved by Governor-Chapter 606 (effective 7/1/10) |
04/11/2010 | G Approved by Governor-Chapter 606 (effective - see bill) |
04/11/2010 | G Acts of Assembly Chapter text (CHAP0606) |
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.