SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2001 SESSION
HB 1117 License taxes; tax on gross receipts of businesses severing gases.
Introduced by: Jackie T. Stump | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
License taxes; additional two percent tax on gross receipts of businesses severing gases. Provides an additional license tax on every person engaging in the business of severing gases from the earth. A county or city may impose this additional tax at a rate not to exceed two percent of the gross receipts from the sale of gases severed within the county or city. Revenues from this tax shall be used exclusively for constructing new and improved water systems and lines in areas with natural water supplies that are insufficient from the standpoint of quality or quantity. Current law allows counties and cities to levy license taxes on businesses severing gases at a rate not to exceed three percent. This bill would increase that rate to a total of five percent.
FULL TEXT
HISTORY
- 01/24/00 House: Presented & ordered printed 008363944
- 01/24/00 House: Referred to Committee on Finance
- 01/26/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Continued to 2001 in Finance (22-Y 1-N)
- 12/20/00 House: Tabled in Finance (20-Y 0-N)