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2010 SESSION
HB 147 Constitutional amendment; limit on taxes or revenues and Revenue Stabilization Fund.
Introduced by: John M. O'Bannon, III | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Constitutional amendment (voter referendum); limit on taxes or revenues and the Revenue Stabilization Fund. Provides for a referendum at the November 2010 election on the approval of a proposed constitutional amendment relating to the limit on the size of the Revenue Stabilization Fund. The proposed amendment increases the permissible size of the Fund by 50 percent; i.e., from 10 percent to 15 percent of the Commonwealth's average annual tax revenues derived from income and sales taxes for the preceding three fiscal years. This bill is identical to SB 362.
FULL TEXT
- 01/05/10 House: Prefiled and ordered printed; offered 01/13/10 10100167D pdf | impact statement
- 03/08/10 House: Bill text as passed House and Senate (HB147ER) pdf | impact statement
- 04/13/10 Governor: Acts of Assembly Chapter text (CHAP0744) pdf
HISTORY
- 01/05/10 House: Prefiled and ordered printed; offered 01/13/10 10100167D
- 01/05/10 House: Referred to Committee on Privileges and Elections
- 01/14/10 House: Assigned P & E sub: #1 Constitutional
- 01/25/10 House: Subcommittee recommends reporting (6-Y 0-N)
- 01/29/10 House: Reported from Privileges and Elections (21-Y 0-N)
- 02/01/10 House: Read first time
- 02/02/10 House: Read second time and engrossed
- 02/03/10 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/03/10 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/04/10 Senate: Constitutional reading dispensed
- 02/04/10 Senate: Referred to Committee on Privileges and Elections
- 02/23/10 Senate: Reported from Privileges and Elections (14-Y 0-N)
- 02/25/10 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/26/10 Senate: Read third time
- 02/26/10 Senate: Passed Senate (39-Y 0-N)
- 03/08/10 House: Enrolled
- 03/08/10 House: Bill text as passed House and Senate (HB147ER)
- 03/08/10 House: Signed by Speaker
- 03/08/10 Senate: Signed by President
- 04/13/10 Governor: Approved by Governor-Chapter 744 (effective -see bill)
- 04/13/10 Governor: Acts of Assembly Chapter text (CHAP0744)