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ACROSS SESSIONS
- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
1995 SESSION
SB 898 Tangible personal property tax classifications.
Introduced by: H. Russell Potts, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Tangible personal property tax classifications. Establishes motor carrier transportation property as a separate class of property for tangible personal property tax purposes. By establishing such separate classification, a locality may tax such property at a rate that does not exceed the tangible personal property tax rate on machinery and tools. The classification applies to motor carrier transportation property as defined by the Interstate Commerce Commission, owned or used by a motor carrier of property providing transportation in interstate commerce. It also applies to any vehicle, machine, tractor, trailer, or semitrailer used upon highways in the transportation of passengers or property by a motor carrier. The classification does not apply to rolling stock of a certificated motor carrier, which is assessed state tax at a rate of one dollar per $100 of assessed value by the State Corporation Commission.
FULL TEXT
- 01/23/95 Senate: Presented & ordered printed LD8702724 pdf
- 02/22/95 Senate: Bill text as passed Senate and House (SB898ER) pdf
- 03/13/95 Governor: Acts of Assembly Chapter text (CHAP0142) pdf
HISTORY
- 01/23/95 Senate: Presented & ordered printed LD8702724
- 01/23/95 Senate: Referred to Committee on Finance
- 02/01/95 Senate: Reported from Finance (15-Y 0-N)
- 02/02/95 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/02/95 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/02/95 Senate: Passed by for the day
- 02/02/95 Senate: Reconsideration of passed by for the day (39-Y 0-N)
- 02/02/95 Senate: VOTE: RECONSIDER (39-Y 0-N)
- 02/02/95 Senate: Passed by for the day
- 02/03/95 Senate: Read second time and engrossed
- 02/03/95 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/03/95 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 02/03/95 Senate: Passed Senate (40-Y 0-N)
- 02/03/95 Senate: VOTE: PASSAGE (40-Y 0-N)
- 02/03/95 Senate: Communicated to House
- 02/06/95 House: Placed on Calendar
- 02/07/95 House: Read first time
- 02/07/95 House: Referred to Committee on Finance
- 02/10/95 House: Assigned to Finance sub-committee: 2
- 02/14/95 House: Reported from Finance (21-Y 1-N)
- 02/14/95 House: Read second time
- 02/14/95 House: Constitutional reading dispensed
- 02/14/95 House: Passed House (95-Y 5-N)
- 02/14/95 House: VOTE: PASSAGE (95-Y 5-N)
- 02/22/95 Senate: Bill text as passed Senate and House (SB898ER)
- 02/27/95 Senate: Enrolled
- 02/28/95 House: Signed by Speaker
- 03/01/95 Senate: Signed by President
- 03/09/95 Governor: Approved by Governor-Chapter 142 (effective 7/1/95)
- 03/13/95 Governor: Acts of Assembly Chapter text (CHAP0142)