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2002 SESSION

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SB 37 Income tax, local; authority for cities to impose.

Introduced by: Yvonne B. Miller | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local income tax; authority for cities to impose. Authorizes cities to impose a local income tax in increments of one-quarter percent up to a maximum rate of one percent with the revenues from such tax to be used for education or transportation purposes. The tax may be levied upon passage of a duly adopted ordinance by the governing body of the city. Any local income tax adopted by ordinance may be levied for a period not to exceed 10 years.

FULL TEXT

• 01/09/02  Senate: Presented & ordered printed, prefiled 12/20/01 024151480  pdf | impact statement

HISTORY

• 01/09/02  Senate: Presented & ordered printed, prefiled 12/20/01 024151480
• 01/09/02  Senate: Referred to Committee on Finance
• 02/13/02  Senate: Passed by indefinitely in Finance with letter by voice vote
• 02/13/02  Senate: Letter to Joint Sub. on VA State Tax Code