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2001 SESSION

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SJ 398 Constitutional amendment; local sources of revenues.

Introduced by: Mary Margaret Whipple | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Constitutional amendment (first resolution); local sources of revenues. Requires the General Assembly to maintain local sources of revenue and to appropriate general funds to localities to offset any loss of revenues occasioned by the passage of a law diminishing a local source of revenue. Local sources of revenue include, but are not limited to, monthly payments from the Commonwealth to local governments under the Personal Property Tax Relief Act of 1998.


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