Retail Sales & Use Tax, additional local; use of revenues for construction or renovation of schools. (HB1099)

Introduced By

Del. Dave LaRock (R-Loudoun)

Progress

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

Description

Additional local sales and use tax; use of revenues for construction or renovation of schools. Allows any county or city to levy a local general retail sales tax and a local use tax at a rate not to exceed one percent as determined by its governing body to provide revenues solely for capital projects for the construction or renovation of schools if such levy is approved in a voter referendum. Under current law, the power to levy such local sales and use taxes for the construction or renovation of schools is limited to the qualifying localities of Charlotte, Gloucester, Halifax, Henry, Mecklenburg, Northampton, Patrick, and Pittsylvania Counties and the City of Danville. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2022Committee
01/12/2022Prefiled and ordered printed; offered 01/12/22 22103850D
01/12/2022Referred to Committee on Finance
01/22/2022Impact statement from TAX (HB1099)
01/27/2022Assigned Finance sub: Subcommittee #3
01/28/2022Subcommittee recommends striking from docket (8-Y 0-N)
02/15/2022Left in Finance

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