Revenue Reserve Fund; created, report. (HB763)

Introduced By

Del. Chris Jones (R-Suffolk) with support from co-patrons Del. Steve Landes (R-Weyers Cave), and Del. Tommy Wright (R-Victoria)

Progress

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

Description

Revenue Reserve Fund created. Creates the Revenue Reserve Fund to be used to offset shortfalls in the budget of two percent or less of general fund resources collected. Amends § 2.2-1514, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2018Committee
01/09/2018Prefiled and ordered printed; offered 01/10/18 18101720D
01/09/2018Referred to Committee on Appropriations
01/19/2018Assigned App. sub: General Government & Capital Outlay
01/22/2018Impact statement from DPB (HB763)
01/31/2018Subcommittee recommends reporting (8-Y 0-N)
02/07/2018Subcommittee recommends reporting with substitute (8-Y 0-N)
02/09/2018Reported from Appropriations with substitute (22-Y 0-N) (see vote tally)
02/09/2018Committee substitute printed 18106664D-H1
02/10/2018Read first time
02/12/2018Read second time
02/12/2018Committee substitute agreed to 18106664D-H1
02/12/2018Engrossed by House - committee substitute HB763H1
02/13/2018Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/13/2018VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/14/2018Constitutional reading dispensed
02/14/2018Referred to Committee on Finance
02/26/2018Impact statement from DPB (HB763H1)
02/27/2018Reported from Finance with substitute (16-Y 0-N) (see vote tally)
02/27/2018Committee substitute printed 18107703D-S1
02/28/2018Constitutional reading dispensed (40-Y 0-N) (see vote tally)
03/01/2018Read third time
03/01/2018Reading of substitute waived
03/01/2018Committee substitute agreed to 18107703D-S1
03/01/2018Engrossed by Senate - committee substitute HB763S1
03/01/2018Passed Senate with substitute (40-Y 0-N) (see vote tally)
03/05/2018Placed on Calendar
03/05/2018Senate substitute rejected by House 18107703D-S1 (0-Y 98-N)
03/05/2018VOTE: REJECTED (0-Y 98-N) (see vote tally)
03/06/2018Senate insisted on substitute (39-Y 0-N) (see vote tally)
03/06/2018Senate requested conference committee
03/07/2018House acceded to request
03/07/2018Conferees appointed by House
03/07/2018Delegates: Jones, S.C., Landes, Torian
03/08/2018Conferees appointed by Senate
03/08/2018Senators: Hanger, Norment, Howell
03/09/2018C Amended by conference committee
03/09/2018Conference substitute printed 18108171D-H2
03/09/2018Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/09/2018Conference report agreed to by House (98-Y 0-N)
03/09/2018VOTE: ADOPTION (98-Y 0-N) (see vote tally)
03/20/2018Enrolled
03/20/2018Bill text as passed House and Senate (HB763ER)
03/20/2018Signed by Speaker
03/22/2018Signed by President
03/26/2018Enrolled Bill communicated to Governor on March 26, 2018
03/26/2018G Governor's Action Deadline Midnight, April 9, 2018
04/04/2018Impact statement from DPB (HB763ER)
04/09/2018Governor's recommendation received by House
04/18/2018House concurred in Governor's recommendation (89-Y 8-N)
04/18/2018VOTE: ADOPTION (89-Y 8-N)
04/18/2018Reconsideration of Governor's recommendation agreed to (38-Y 0-N 1-A)
04/18/2018Senate concurred in Governor's recommendation (39-Y 0-N)
04/18/2018G Governor's recommendation adopted
04/18/2018Reenrolled
04/18/2018Reenrolled bill text (HB763ER2)
04/18/2018Signed by Speaker as reenrolled
04/18/2018Signed by President as reenrolled
04/18/2018Enacted, Chapter 827 (effective 7/1/18)
04/18/2018G Acts of Assembly Chapter text (CHAP0827)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 3 minutes.