Uranium; establishes 3% state severance tax on receipts of any severed from earth in State. (HB1804)

Introduced By

Del. Jackson Miller (R-Manassas)

Progress

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

Description

State severance tax; uranium. Establishes a three percent state severance tax on the gross receipts of any uranium severed from the earth in the Commonwealth. One-half of the proceeds of the tax shall be deposited in the general fund of the Commonwealth. The other half of the proceeds shall be distributed to the locality from which the uranium was severed. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2013Committee
01/08/2013Prefiled and ordered printed; offered 01/09/13 13103390D
01/08/2013Referred to Committee on Finance
01/14/2013Assigned Finance sub: #1
01/14/2013Impact statement from TAX (HB1804)
01/28/2013Subcommittee recommends no action
02/05/2013Left in Finance

Comments

Jon Akers writes:

Finally a step away from the outdated stigma of anti-nuclear cold war dogma, and a step toward safe low-carbon power. I'm proud that my beloved Old Dominion state will be leading the way to a responsible and energy self sufficient national consciousness.

Lea Gardner writes:

Except Virginia Energy Resources, a Canadian publicly traded corp (as of 12/12) which owns 100% of the Coles Hill mining operations will sell their uranium to the highest bidder on the international market. They get all they profit and VA gets all the uranium clean-up jobs and environmental exposures to water supplies.

Erica Gray writes:

Keep the ban on uranium mining!

linda writes:

vote no keep ban