Sales tax, local; Prince Edward County added to list of localities that are authorized to impose. (SB146)

Introduced By

Sen. Frank Ruff (R-Clarksville)

Progress

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

Description

Sales tax; additional local tax for schools; Prince Edward County. Adds Prince Edward County to the list of localities that are authorized to impose an additional local sales tax at a rate not to exceed one percent in order to provide revenue for the construction or renovation of schools. Read the Bill »

Notes

The fiscal impact statement indicates that this bill would have no impact on state revenues. The revenue impact to Prince Edward County is noted as potentially positive but unknown, depending on whether the county adopts the additional local sales and use tax. The statement also mentions that there would be no impact on local administrative costs. Accordingly, the fiscal impact statement does not provide a specific estimated cost for this legislation.

Summary generated automatically by OpenAI.

Status

02/21/2024: Incorporated into Another Bill

History

DateAction
01/05/2024Prefiled and ordered printed; offered 01/10/24 24102541D
01/05/2024Referred to Committee on Finance and Appropriations
01/14/2024Impact statement from TAX (SB146)
01/23/2024Reported from Finance and Appropriations (11-Y 3-N) (see vote tally)
01/24/2024Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/25/2024Read second time and engrossed
01/26/2024Read third time and passed Senate (27-Y 11-N) (see vote tally)
02/13/2024Placed on Calendar
02/13/2024Read first time
02/13/2024Referred to Committee on Finance
02/21/2024Incorporated by Finance (SB14-McPike)

Map

This bill mentions Prince Edward County.

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