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2000 SESSION
SB 752 Service charges for Virginia Port Authority (VPA) facilities.
Introduced by: Frederick M. Quayle | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Property owned by the Commonwealth; service charges for Virginia Port Authority (VPA) facilities. Provides for a service charge for tax-exempt property owned by the VPA and its instrumentalities based upon the assessed value of the property and the amount of VPA cargo tonnage shipped through counties, cities and towns, from such funds as may be appropriated by the General Assembly. If such funds are not appropriated, the service charge shall be computed as provided under current law. Under current law, service charges for tax exempt state-owned property, including VPA property, is based upon the assessed value of the state-owned tax exempt property and the amount the locality spends for police and fire protection and refuse collection.
SUMMARY AS PASSED SENATE:
Property owned by the Commonwealth; service charges for Virginia Port Authority (VPA) facilities. Provides for a service charge for tax-exempt property owned by the VPA and its instrumentalities based upon the assessed value of the property and the amount of VPA cargo tonnage shipped through counties, cities and towns. From such funds as may be appropriated by the General Assembly. If such funds are not appropriated, the service charge shall be computed as provided under current law. Under current law, service charges for tax exempt state-owned property, including VPA property is based upon the assessed value of the state-owned tax exempt property and the amount the locality spends for police and fire protection and refuse collection.
SUMMARY AS INTRODUCED:
Property owned by the Commonwealth; service charges for Virginia Port Authority (VPA) facilities. Provides for a service charge for tax-exempt property owned by the VPA and its instrumentalities based upon the assessed value of the property and the amount of cargo tonnage shipped through such property. Under current law, service charges for tax exempt state-owned property, including VPA property is based upon the assessed value of the state-owned tax exempt property and the amount the locality spends for police and fire protection and refuse collection. The bill also provides that the service charge imposed shall be paid from the general fund.