Constitutional amendment; limits on taxes and revenues, Revenue Stabilization Fund, taxpayer refund. (HJ542)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Constitutional amendment (first resolution); limits on taxes and revenues; Revenue Stabilization Fund; taxpayer refunds. Provides for the refund of surplus revenues, above the amount required to be deposited to the Revenue Stabilization Fund, to the Commonwealth's income-tax payers, provided such surplus exceeds $50 million. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
10/12/2012Committee
10/12/2012Prefiled and ordered printed; offered 01/09/13 13100479D
10/12/2012Referred to Committee on Privileges and Elections
01/11/2013Assigned P & E sub: Constitutional Amendments Subcommittee
01/21/2013Subcommittee recommends laying on the table
02/05/2013Left in Privileges and Elections