VA HB1357 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-04 - House: Incorporated by Finance (HB1318-O'Bannon) by voice vote
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-04 - House: Incorporated by Finance (HB1318-O'Bannon) by voice vote
Summary
Department of the Treasury; excess funds in the Revenue Stabilization Fund. Establishes a mechanism to provide tax relief to Virginia taxpayers when the Auditor of Public Accounts determines the Revenue Stabilization Fund has reached its maximum size as provided in the Constitution of Virginia. The excess funds will be deposited in a special nonreverting fund titled the "Virginia Taxpayer Surplus Relief Fund" to be used by the next session of the General Assembly to provide tax relief to Virginia taxpayers. This bill was incorporated into
Title
Taxpayer Surplus Relief Fund; established to provide tax relief.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2008-02-04 | House: Incorporated by Finance (HB1318-O'Bannon) by voice vote | |
| 2008-01-17 | House: Assigned Finance sub: 3 | |
| 2008-01-09 | House: Referred to Committee on Finance | |
| 2008-01-09 | House: Prefiled and ordered printed; offered 01/09/08 088443464 |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB1357 |
