Retail Sales and Use Tax; development of regional impact. (SB1289)
Introduced By
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 the County of Washington as a locality entitled to retain certain sales and use taxes generated on the premises of a development of regional impact located in the County, to pay bonds issued for the development. The bill also eliminates the requirement that the locality have an unemployment rate at least three percentage points higher than the statewide average. Read the Bill »
Status
01/23/2013: Failed to Pass in Committee
History
Date | Action |
---|---|
01/15/2013 | Presented and ordered printed 13103606D |
01/15/2013 | Referred to Committee on Finance |
01/20/2013 | Impact statement from TAX (SB1289) |
01/23/2013 | Passed by indefinitely in Finance (14-Y 0-N) (see vote tally) |
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.