SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2007 SESSION
SJ 326 Consumption of goods and services; joint subcommittee to study viability of fair tax thereon.
Introduced by: J. Brandon Bell, II | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Study; fair tax; report. Establishes a joint subcommittee to study the viability of a fair tax on the consumption of goods and services as an alternative tax system. During its two-year study, the joint subcommittee will (i) explore the revenue that could be generated from a fair tax on the consumption of goods and services, (ii) determine the amount of revenue that is currently generated from state and local general fund taxes, (iii) estimate the rate of a fair tax that would need to be imposed on the consumption of goods and services to generate approximately the same amount of revenue that is currently generated from state and local general fund taxes, (iv) study other issues relating to the adoption of a fair tax including the distribution of revenues, and (v) determine the viability of a fair tax on the consumption of goods and services as a replacement for current state and local general fund taxes.
FULL TEXT
- 12/22/06 Senate: Prefiled and ordered printed; offered 01/10/07 078899700 pdf
- 02/02/07 Senate: Committee substitute printed 072665700-S1 pdf
HISTORY
- 12/22/06 Senate: Prefiled and ordered printed; offered 01/10/07 078899700
- 12/22/06 Senate: Referred to Committee on Rules
- 02/02/07 Senate: Committee substitute printed 072665700-S1
- 02/02/07 Senate: Reported from Rules with substitute by voice vote
- 02/05/07 Senate: Reading waived (39-Y 0-N)
- 02/05/07 Senate: VOTE: (39-Y 0-N)
- 02/06/07 Senate: Read second time
- 02/06/07 Senate: Reading of substitute waived
- 02/06/07 Senate: Committee substitute agreed to 072665700-S1
- 02/06/07 Senate: Engrossed by Senate - committee substitute SJ326S1
- 02/06/07 Senate: Reading waived (38-Y 0-N)
- 02/06/07 Senate: VOTE: (38-Y 0-N)
- 02/06/07 Senate: Agreed to by Senate by voice vote
- 02/06/07 Senate: Communicated to House
- 02/08/07 House: Placed on Calendar
- 02/08/07 House: Referred to Committee on Rules
- 02/14/07 House: Reported from Rules (8-Y 7-N)
- 02/16/07 House: Passed by for the day
- 02/19/07 House: Passed by for the day
- 02/20/07 House: Passed by for the day
- 02/21/07 House: Passed by for the day
- 02/22/07 House: Taken up
- 02/22/07 House: Rejected by House (62-Y 36-N)
- 02/22/07 House: VOTE: REJECTED (62-Y 36-N)
- 02/22/07 House: Requires 2/3 affirmative votes for passage
- 02/22/07 House: Reconsideration of defeated action agreed to by House
- 02/22/07 House: Passed by temporarily
- 02/22/07 House: Rejected by House (45-Y 54-N)
- 02/22/07 House: VOTE: REJECTED #2 (45-Y 54-N)