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2007 SESSION
HB 2699 Retail Sales and Use Tax; portion of state's general fund share to be dedicated to WMATA.
Introduced by: Timothy D. Hugo | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales and use tax; dedicate portion of state's general fund share to WMATA. Requires that, from the Commonwealth's current share of the state sales and use tax, an amount equivalent to the revenue generated by a 0.25 percent sales and use tax on sales from the Counties of Arlington and Fairfax and the Cities of Alexandria, Fairfax, and Falls Church shall be dedicated for use by the Washington Metropolitan Area Transit Authority (WMATA), as may be provided by federal law for the payment of certain federal funds to WMATA and only at such time as the federal law is enacted.
FULL TEXT
HISTORY
- 01/10/07 House: Prefiled and ordered printed; offered 01/10/07 071939332
- 01/10/07 House: Referred to Committee on Finance
- 01/18/07 House: Assigned Finance sub: #2 (Ware, R.L.)
- 02/06/07 House: Left in Finance