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2010 SESSION

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HJ 34 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 (second resolution); limit on taxes or revenues and the Revenue Stabilization Fund.  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 resolution is identical to SJ 81.

FULL TEXT

• 01/05/10  House: Prefiled and ordered printed; offered 01/13/10 10100151D  pdf
• 03/05/10  House: Bill text as passed House and Senate (HJ34ER)  pdf
• 04/13/10  Governor: Acts of Assembly Chapter text (CHAP0772)  pdf

HISTORY

• 01/05/10  House: Prefiled and ordered printed; offered 01/13/10 10100151D
• 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)
• 02/02/10  House: Taken up
• 02/02/10  House: Engrossed by House
• 02/02/10  House: Agreed to by House (97-Y 0-N)
• 02/02/10  House: VOTE: --- ADOPTION (97-Y 0-N)
• 02/03/10  Senate: Reading waived
• 02/03/10  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: Reading waived (40-Y 0-N)
• 02/26/10  Senate: Read third time
• 02/26/10  Senate: Agreed to by Senate (39-Y 0-N)
• 03/05/10  House: Enrolled
• 03/05/10  House: Bill text as passed House and Senate (HJ34ER)
• 03/05/10  House: Signed by Speaker
• 03/08/10  Senate: Signed by President
• 04/13/10  Governor: Acts of Assembly Chapter text (CHAP0772)
• 04/14/10  House: Assigned Chapter 772 (effective 7/1/10)