Retail Sales and Use Tax; clarifies amount of revenue authorized tourism project is entitled. (HB581)

Introduced By

Del. Mike Watson (R-Williamsburg) with support from co-patrons Del. Matthew James (D-Portsmouth), and Del. Brenda Pogge (R-Williamsburg)

Progress

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

Description

Authorized tourism project; sales and use tax revenues.  Clarifies that the amount of revenue to which the authorized tourism project is entitled is equal to the amount of revenue generated by a one percent sales and use tax on transactions taking place on the premises of the project.

  Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12103724D
01/10/2012Referred to Committee on Finance
01/20/2012Assigned Finance sub: #1
01/21/2012Impact statement from TAX (HB581)
02/01/2012Subcommittee recommends reporting (10-Y 0-N)
02/06/2012Reported from Finance (22-Y 0-N) (see vote tally)
02/07/2012Read first time
02/08/2012Read second time and engrossed
02/09/2012Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/09/2012VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/10/2012Constitutional reading dispensed
02/10/2012Referred to Committee on Finance
02/14/2012Impact statement from TAX (HB581)
02/15/2012Reported from Finance (15-Y 0-N) (see vote tally)
02/16/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/17/2012Read third time
02/17/2012Passed Senate (40-Y 0-N) (see vote tally)
02/21/2012Enrolled
02/21/2012Bill text as passed House and Senate (HB581ER)
02/21/2012Impact statement from TAX (HB581ER)
02/21/2012Signed by Speaker
02/22/2012Signed by President
03/06/2012G Approved by Governor-Chapter 73 (effective 7/1/12)
03/06/2012G Acts of Assembly Chapter text (CHAP0073)

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: SB414.