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2005 SESSION

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HB 2743 Retail Sales & Use Tax; City of Hampton to allocate portion of revenues to certain projects.

Introduced by: Jeion A. Ward | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use taxes from watercraft; City of Hampton. Dedicates for recreational and environmental projects in the City of Hampton 2 percent of the 3.5 percent state general sales tax revenues and all of the watercraft sales tax revenues from the sales of boats taking place in the City and from sales made by boating businesses located in the City, which revenues are in excess of such revenues actually collected during the Commonwealth's fiscal year ending June 30, 2003.


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