Retail Sales and Use Tax; distribution of certain revenue. (SB673)

Introduced By

with support from co-patron Sen. Bill Carrico (R-Grayson)

Progress

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

Description

Entitlement to sales tax revenue; public facility. Allows the entitlement to sales tax revenue to begin quarterly with the first quarter in which revenue is generated in a building or structure within the public facility. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
02/28/2014Introduced at the request of Governor
02/28/2014Presented and ordered printed 14105405D
02/28/2014Referred to Committee on Finance
03/04/2014Reported from Finance (15-Y 2-N) (see vote tally)
03/04/2014Read first time
03/04/2014Constitutional reading dispensed (39-Y 0-N)
03/04/2014Engrossed by Senate
03/04/2014Constitutional reading dispensed (40-Y 0-N)
03/04/2014Passed Senate (37-Y 3-N)
03/04/2014Impact statement from TAX (SB673)
03/05/2014Placed on Calendar
03/05/2014Read first time
03/05/2014Referred to Committee on Finance
03/05/2014Reported from Finance (18-Y 4-N) (see vote tally)
03/06/2014Read second time
03/07/2014Read third time
03/07/2014Passed House (97-Y 3-N)
03/07/2014VOTE: PASSAGE (97-Y 3-N) (see vote tally)
03/17/2014Enrolled
03/17/2014Bill text as passed Senate and House (SB673ER)
03/17/2014Signed by President
03/18/2014Signed by Speaker
03/31/2014Impact statement from TAX (SB673ER)
04/03/2014G Approved by Governor-Chapter 551 (effective 7/1/14)
04/03/2014G Acts of Assembly Chapter text (CHAP0551)

Map

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

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.