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2005 SESSION

• | print version

HB 2000 Business, professional and occupational license (BPOL) tax; gross receipts tax.

Introduced by: H. Morgan Griffith | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

BPOL tax; gross receipts.  Changes name from license tax to gross receipts tax and repeals newspapers' exemption from the tax.  It allows localities to exempt newspapers from the BPOL tax provided they are exempt from state sales tax. However, if the locality imposes the tax on newspapers, 50 percent of the revenues generated from the tax on newspapers must be used for the locality's arts, cultural or tourist attractions.

FULL TEXT

• 01/10/05  House: Prefiled & ordered printed; offered 01/12/05 054533308  pdf | impact statement

HISTORY

• 01/10/05  House: Prefiled & ordered printed; offered 01/12/05 054533308
• 01/10/05  House: Referred to Committee on Finance
• 01/18/05  House: Assigned to Finance sub-committee: #1
• 02/02/05  House: Tabled in Finance (22-Y 0-N)