Forest Sustainability Fund; fund allocation. (HB944)

Introduced By

Del. Alfonso Lopez (D-Arlington) with support from co-patron Del. Dan Helmer (D-Fairfax Station)

Progress

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

Description

Forest Sustainability Fund; fund allocation. Provides that moneys from the Forest Sustainability Fund must be allocated proportionally among localities that forgo tax revenues as a result of the use value assessment and taxation for real estate devoted for forest use. The bill specifies that no locality shall receive an allocation of more than four percent or less than one-half of one percent of available funds from the Fund. This bill is identical to SB 129. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2024Committee
01/09/2024Prefiled and ordered printed; offered 01/10/24 24101329D
01/09/2024Referred to Committee on Finance
01/18/2024Impact statement from DPB (HB944)
01/25/2024Assigned Finance sub: Subcommittee #2
01/31/2024Referred from Finance
01/31/2024Referred to Committee on Appropriations
01/31/2024Assigned App. sub: Commerce Agriculture & Natural Resources
02/02/2024Subcommittee recommends reporting (8-Y 0-N)
02/02/2024Reported from Appropriations (22-Y 0-N) (see vote tally)
02/06/2024Read first time
02/07/2024Read second time and engrossed
02/08/2024Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/08/2024VOTE: Block Vote Passage (98-Y 0-N) (see vote tally)
02/09/2024Constitutional reading dispensed
02/09/2024Referred to Committee on Finance and Appropriations
02/21/2024Reported from Finance and Appropriations (14-Y 0-N) (see vote tally)
02/22/2024Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/23/2024Read third time
02/23/2024Passed Senate (39-Y 0-N) (see vote tally)
02/28/2024Enrolled
02/28/2024Bill text as passed House and Senate (HB944ER)
02/28/2024Impact statement from DPB (HB944ER)
02/28/2024Signed by Speaker
03/02/2024Signed by President
03/11/2024Enrolled Bill communicated to Governor on March 11, 2024
03/11/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
04/08/2024G Approved by Governor-Chapter 699 (effective 7/1/24)

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