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.

2004 SPECIAL SESSION I

• | print version

HB 5020 Income tax, state; refund of surplus revenues.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; refund of surplus revenues. Requires the refund of surplus revenues when they exceed the amount required to be deposited in the Revenue Stabilization Fund by at least $50 million. The Department of Taxation shall make refunds based on each taxpayer's pro rata share of excess revenues collected in the calendar year in which the fiscal year surplus is determined. The taxpayer must have filed an income tax return for such calendar year.

FULL TEXT

• 04/06/04  House: Presented & ordered printed 042658380  pdf
• 04/07/04  House: Introduced bill reprinted 042658380  pdf

HISTORY

• 04/06/04  House: Presented & ordered printed 042658380
• 04/06/04  House: Referred to Committee on Finance
• 04/07/04  House: Introduced bill reprinted 042658380
• 05/07/04  House: No action taken by Finance by voice vote