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2005 SESSION
SB 1142 Recordation tax; collection to be transferred toWater Quality Improvement Fund.
Introduced by: Emmett W. Hanger, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Recordation taxes; transfer to Virginia Water Quality Improvement Fund. Provides that $20 million of recordation taxes collected each year shall be transferred to the Virginia Water Quality Improvement Fund. The Comptroller shall credit the $20 million to the Fund after allocations have been made for the $40 million deposit to the U.S. Route 58 Corridor Development Fund and the $40 million distribution to counties and cities, as currently required under law.
FULL TEXT
HISTORY
- 01/12/05 Senate: Prefiled & ordered printed; offered 01/12/05 056180732
- 01/12/05 Senate: Referred to Committee on Finance
- 02/02/05 Senate: Incorporated by Fin. (SB1235-Quayle) (15-Y 0-N)