Sales and use tax, additional local; revenues to support construction or renovation of schools. (HB531)

Introduced By

Del. Sally Hudson (D-Charlottesville) with support from co-patron Del. John Avoli (R-Staunton)

Progress

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

Description

Additional local sales and use tax to support schools. Authorizes all counties and cities to impose an additional local sales and use tax at a rate not to exceed one percent, with the revenue used only for capital projects for the construction or renovation of schools. Under the bill, the tax can only be imposed if it is initiated by a resolution of the local governing body and approved by the voters in a referendum. The bill requires the governing body to specify in the enacting ordinance the time period, not to exceed 20 years, for which the tax would be imposed, and revenue from the tax is required to be used solely for capital projects for new construction or major renovation of schools in the locality enacting the tax. Under current law, only Charlotte County, Gloucester County, Halifax County, Henry County, Mecklenburg County, Northampton County, Patrick County, Pittsylvania County, and the City of Danville are authorized to impose such a tax. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22102113D
01/11/2022Referred to Committee on Finance
01/20/2022Impact statement from TAX (HB531)
01/20/2022Assigned Finance sub: Subcommittee #3
01/28/2022House subcommittee amendments and substitutes offered
01/28/2022Subcommittee recommends laying on the table (5-Y 3-N)
02/15/2022Left in Finance

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