Retail Sales and Use Tax; clarifies amount of revenue authorized tourism project is entitled. (SB414)

Introduced By

Sen. Tommy Norment (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
01/11/2012Prefiled and ordered printed; offered 01/11/12
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103722D
01/11/2012Referred to Committee on Finance
01/20/2012Impact statement from TAX (SB414)
01/25/2012Reported from Finance (15-Y 0-N) (see vote tally)
01/26/2012Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/27/2012Read second time and engrossed
01/30/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/13/2012Placed on Calendar
02/13/2012Read first time
02/13/2012Referred to Committee on Finance
02/13/2012Assigned Finance sub: #1
02/14/2012Impact statement from TAX (SB414)
02/15/2012Subcommittee recommends reporting (10-Y 0-N)
02/20/2012Reported from Finance (21-Y 0-N) (see vote tally)
02/21/2012Read second time
02/22/2012Read third time
02/22/2012Passed House BLOCK VOTE (96-Y 0-N)
02/22/2012VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally)
02/27/2012Enrolled
02/27/2012Bill text as passed Senate and House (SB414ER)
02/27/2012Impact statement from TAX (SB414ER)
02/27/2012Signed by Speaker
02/28/2012Signed by President
04/04/2012G Approved by Governor-Chapter 572 (effective 7/1/12)
04/04/2012G Acts of Assembly Chapter text (CHAP0572)

Duplicate Bills

The following bills are identical to this one: HB581.