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1999 SESSION
HB 1443 Sales and use tax; dedication of proceeds to school construction.
Introduced by: Richard H. Black | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales and use tax; dedication of proceeds to school construction. Provides that localities shall receive the two percent of the Commonwealth’s share of sales tax on food purchased for preparation and consumption away from the place of purchase and shall dedicate it to school construction. Further, a locality may by ordinance reduce the amount of sales tax to be collected by up to two percent. One percent of the Commonwealth’s share will continue to go back to the localities based on school age population and one-half of one percent will continue to go to the Transportation Trust Fund.
FULL TEXT
HISTORY
- 01/13/99 House: Presented & ordered printed, prefiled 10/16/98 990663129
- 01/13/99 House: Referred to Committee on Finance
- 01/19/99 House: Assigned to Finance sub-committee: 2
- 02/04/99 House: Stricken from docket by Finance (24-Y 0-N)