Retail Sales and Use Tax; distribution of revenue collected in certain public facilities. (SB607)

Introduced By

Sen. Bill Carrico (R-Grayson) with support from co-patrons Del. Joseph Johnson (D-Abingdon), and Sen. Bill Stanley (R-Moneta)

Progress

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

Description

Entitlement to sales and use tax revenues; certain public facilities.  Adds developments of regional impact to the list of public facilities entitled to certain sales and use taxes generated on the premises of the development. The bill sets forth numerous criteria that a development must meet in order to be entitled to the revenues. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/19/2012Presented and ordered printed 12104164D
01/19/2012Referred to Committee on Finance
01/28/2012Impact statement from TAX (SB607)
02/07/2012Reported from Finance with substitute (9-Y 6-N) (see vote tally)
02/07/2012Committee substitute printed 12105082D-S1
02/08/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/09/2012Read second time
02/09/2012Reading of substitute waived
02/09/2012Committee substitute agreed to 12105082D-S1
02/09/2012Engrossed by Senate - committee substitute SB607S1
02/10/2012Passed by for the day
02/13/2012Read third time and passed Senate (38-Y 2-N) (see vote tally)
02/17/2012Placed on Calendar
02/17/2012Read first time
02/17/2012Referred to Committee on Finance
02/20/2012Impact statement from TAX (SB607S1)
02/20/2012Assigned Finance sub: #1
02/22/2012Subcommittee recommends reporting (9-Y 1-N)
02/27/2012Reported from Finance (19-Y 2-N) (see vote tally)
02/28/2012Read second time
02/29/2012Read third time
02/29/2012Passed House (94-Y 3-N)
02/29/2012VOTE: PASSAGE (94-Y 3-N) (see vote tally)
03/05/2012Enrolled
03/05/2012Bill text as passed Senate and House (SB607ER)
03/05/2012Impact statement from TAX (SB607ER)
03/05/2012Signed by Speaker
03/07/2012Signed by President
04/09/2012Governor's recommendation received by Senate
04/17/2012Placed on Calendar
04/18/2012Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally)
04/18/2012House concurred in Governor's recommendation (94-Y 1-N)
04/18/2012VOTE: ADOPTION (94-Y 1-N) (see vote tally)
04/18/2012G Governor's recommendation adopted
04/18/2012Reenrolled
04/18/2012Reenrolled bill text (SB607ER2)
04/18/2012Signed by President as reenrolled
04/18/2012Signed by Speaker as reenrolled
04/18/2012G Approved by Governor-Chapter 830 (effective 7/1/12)
04/18/2012G Acts of Assembly Chapter text (CHAP0830)

Map

This bill mentions Suffolk, Virginia Beach, Portsmouth City, Norfolk City, Hampton City, Newport News City, Roanoke City, Salem City, Richmond City, Staunton City.

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 13 minutes.