Uranium; 3% state severance tax on receipts of any severed from earth in State, proceeds. (SB919)
Introduced By
Sen. John Watkins (R-Midlothian)
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 deposited into an Economic Development and Environmental Trust Fund established for each locality from which uranium is mined. Each locality's fund would be administered by a board appointed by the governing body of the locality. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/07/2013 | Prefiled and ordered printed; offered 01/09/13 13102561D |
| 01/07/2013 | Referred to Committee on Finance |
| 01/15/2013 | Impact statement from TAX (SB919) |
| 01/31/2013 | Stricken at request of Patron in Finance (13-Y 0-N) (see vote tally) |
Comments
The moratorium on uranium mining has not been lifted, no regulations are in place..so why is this bill even being considered?
NO to lifting the ban on uranium mining and no to making regulations!
no we need to show the people who want to make money out of our county that we all stick together, that sometime money doesnt talk we dont want to lift the ban