Retail Sales & Use Tax, additional local; use of revenues for construction or renovation of schools. (SB472)

Introduced By

Sen. Jennifer McClellan (D-Richmond) with support from co-patrons Del. Jeff Bourne (D-Richmond), and Del. Shelly Simonds (D-Newport News)

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
01/11/2022Prefiled and ordered printed; offered 01/12/22 22100791D
01/11/2022Referred to Committee on Finance and Appropriations
01/18/2022Impact statement from TAX (SB472)
01/19/2022Reported from Finance and Appropriations (14-Y 2-N) (see vote tally)
01/20/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/21/2022Read second time and engrossed
01/24/2022Read third time and passed Senate (28-Y 12-N) (see vote tally)
02/20/2022Impact statement from TAX (SB472)
02/22/2022Placed on Calendar
02/22/2022Read first time
02/22/2022Referred to Committee on Finance
02/22/2022Assigned Finance sub: Subcommittee #3
02/25/2022Subcommittee recommends laying on the table (4-Y 3-N)
03/08/2022Left in Finance

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