BPOL tax; maximum fee and tax rates established by a locality. (HB10)

Introduced By

Del. Mark Cole (R-Fredericksburg) with support from co-patrons Del. Mike Watson (R-Williamsburg), and Del. Michael Webert (R-Marshall)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


BPOL tax; maximum fee and tax rates established.  Prohibits a locality from increasing its local license (BPOL) fees or taxes above the rates of its BPOL fees and taxes imposed for the 2011 license year. The prohibition on increasing BPOL fees and taxes expires beginning with the 2015 license year.  The bill also authorizes a locality to impose the BPOL tax on (i) gross receipts or (ii) the Virginia taxable income of a corporation, the net income of a sole proprietorship, and the net income of a pass-through entity.   Read the Bill »


Bill Has Failed


12/01/2011Prefiled and ordered printed; offered 01/11/12 12100251D
12/01/2011Referred to Committee on Finance
01/12/2012Assigned Finance sub: Subcommittee #2
01/14/2012Impact statement from TAX (HB10)
01/19/2012Impact statement from DHCD (HB0010)
01/25/2012Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
01/30/2012Reported from Finance with substitute (21-Y 1-N) (see vote tally)
01/30/2012Committee substitute printed 12104799D-H1
01/31/2012Read first time
02/01/2012Read second time
02/01/2012Committee substitute agreed to 12104799D-H1
02/01/2012Engrossed by House - committee substitute HB10H1
02/02/2012Read third time and passed House (88-Y 12-N)
02/02/2012VOTE: PASSAGE (88-Y 12-N) (see vote tally)
02/03/2012Constitutional reading dispensed
02/03/2012Referred to Committee on Finance
02/28/2012Impact statement from TAX (HB10H1)
02/29/2012Committee substitute printed 12105764D-S1
02/29/2012Continued to 2013 in Finance (11-Y 2-N) (see vote tally)
11/30/2012Left in Finance