Retail Sales and Use Tax; development of regional impact. (HB2259)

Introduced By

Del. Joseph Johnson (D-Abingdon) with support from co-patrons Del. Terry Kilgore (R-Gate City), and Del. Israel O'Quinn (R-Bristol)

Progress

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

Description

Entitlement to sales and use tax revenues; development of regional impact. Adds Washington County as a locality entitled to retain certain sales and use taxes generated on the premises of a development of regional impact, to pay bonds issued for the development. The bill alters the criteria used to define such a development by removing the requirement that the development be located in a locality that has a certain level of unemployment. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/15/2013Presented and ordered printed 13103568D
01/15/2013Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/20/2013Impact statement from TAX (HB2259)
01/23/2013Referred from Agriculture, Chesapeake and Natural Resources
01/23/2013Referred to Committee on Finance
01/23/2013Assigned Finance sub: #2
01/28/2013Subcommittee recommends laying on the table (7-Y 0-N)
02/05/2013Left in Finance

Map

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