SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1999 SESSION
SB 19 Personal property tax; retail sales & use tax rate, lottery proceeds.
Introduced by: Kevin G. Miller | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Personal property tax; retail sales and use tax rate; lottery proceeds. Exempts passenger vehicles, pickup trucks, motorcycles, and recreational vehicles from the tangible personal property tax. The retail sales and use tax rate is increased by one-half percent, and the additional revenue will be distributed to counties, cities, and towns on a per capita basis. Proceeds from the state lottery will be distributed among counties and cities on the basis of their school-age populations. The measure will take effect on the January 1 following voter approval of a constitutional amendment authorizing the General Assembly to exempt passenger vehicles, pickup trucks, motorcycles, and recreational vehicles from taxation, except the provisions relating to the distribution of lottery proceeds will take effect the following July 1.
FULL TEXT
HISTORY
- 01/14/98 Senate: Presented & ordered printed, prefiled 01/05/98 985320713
- 01/14/98 Senate: Referred to Committee on Finance
- 02/03/98 Senate: Assigned to Finance sub-committee: Special
- 02/17/98 Senate: Continued to 1999 in Finance (17-Y 0-N)
- 12/21/98 Senate: Left in Finance