Retail Sales & Use Tax; increases amount of revenue dedicated to Transportation Trust Fund. (SB925)

Introduced By

Sen. Jeff McWaters (R-Virginia Beach)

Progress

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

Description

Sales and use tax revenue dedicated to the Transportation Trust Fund. Increases the amount of sales and use tax revenue dedicated to the Transportation Trust Fund from an amount generated by a 0.5 percent tax rate under current law to an amount generated by a 0.75 percent tax rate, phased in over a period of three years. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2013Prefiled and ordered printed; offered 01/09/13 13100569D
01/07/2013Referred to Committee on Finance
01/12/2013Impact statement from TAX (SB925)
02/06/2013Left in Finance

Map

This bill mentions Chesapeake Bay Bridge, Richmond, University of Virginia, Charlottesville, Alexandria, Falls Church, Arlington.