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2008 SESSION
HB 1416 Alcoholic beverage control; ABC Board to deduct percentage from its net profits.
Introduced by: Onzlee Ware | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Alcoholic beverage control; tax increases; substance abuse treatment fund. Requires the ABC Board to deduct quarterly five percent from its net profits to be paid into the Substance Abuse Treatment Fund, which is created in the bill. The fund shall be administered by the Secretary of Health and Human Resources and money in the fund shall be used solely to support substance abuse treatment programs throughout Virginia. The bill also raises the excise tax on beer and wine coolers and the liter tax on wine.
FULL TEXT
HISTORY
- 01/11/08 House: Presented and ordered printed 081052776
- 01/11/08 House: Referred to Committee on General Laws
- 01/17/08 House: Assigned GL sub: ABC/Gaming
- 02/12/08 House: Left in General Laws