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2006 SPECIAL SESSION I

• | print version

HB 5039 Retail Sales and Use Tax; dedicate portion of state's general fund share to WMATA.

Introduced by: Timothy D. Hugo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax; dedicate portion of state's general fund share to WMATA. Requires that, from the Commonwealth's current share of the state sales and use tax, an amount equivalent to the revenue generated by a 0.25 percent sales and use tax on sales from the Counties of Arlington and Fairfax, and the Cities of Alexandria, Fairfax, and Falls Church, shall be dedicated for use by the Washington Metropolitan Area Transit Authority (WMATA), as may be provided by federal law for the payment of certain federal funds to WMATA and only at such time as the federal law is enacted. The bill will be effective June 1, 2007.

FULL TEXT

• 09/08/06  House: Presented and ordered printed 061853332  pdf | impact statement

HISTORY

• 09/08/06  House: Presented and ordered printed 061853332
• 09/08/06  House: Referred to Committee on Appropriations
• 09/28/06  House: Left in Appropriations