Machinery and tools, merchants' capital, and BPOL taxes; maximum rates established. (HB434)

Introduced By

Del. Jim LeMunyon (R-Oak Hill)

Progress

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

Description

Machinery and tools, merchants' capital and BPOL taxes; maximum rates established. Prohibits a locality from increasing its business machinery and tools tax, merchants' capital tax, and local license (BPOL) fees and taxes above the locality's rates in effect as of January 1, 2014. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2014Prefiled and ordered printed; offered 01/08/14 14100780D
01/04/2014Referred to Committee on Finance
01/16/2014Impact statement from TAX (HB434)
01/30/2014Assigned Finance sub: Subcommittee #3
01/31/2014Subcommittee recommends continuing to 2015
02/03/2014Continued to 2015 in Finance
12/04/2014Left in Finance