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2016 SESSION

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Senate Committee on Finance

Co-Chair: Thomas K. Norment, Jr. - Co-Chair: Emmett W. Hanger, Jr.

Clerk: Patty Lung
Staff: Lisa Wallmeyer, Nicole Brenner
Date of Meeting: February 11, 2016
Time and Place: Thursday, February 11, 2016 Senate Room A, 4:30pm
Revised to add SB 476

S.B. 28

Patron: Lucas

Virginia Sports Hall of Fame. Creates the Virginia Sports Hall of Fame as a public body with a board of directors (the Board) consisting of 21 members, of whom six are to be members of the House of Delegates, four are to be members of the Senate, six are to be nonlegislative citizen members appointed by the Governor, subject to confirmation by the General Assembly, and five are to be nonlegislative citizen members elected by the Board.

S.B. 35

Patron: Carrico

Vehicle registration fees; funds for Department of State Police. Raises the vehicle registration fee an additional $1.25 per year on each July 1 from 2016 through 2025 and allocates the funds to the Department of State Police.

S.B. 36

Patron: Carrico

Department of State Police; appointment of supervisory officers. Establishes a career progression program for state troopers and special agents based on years of satisfactory service. For State Troopers, the program provides for promotion to the rank of senior trooper after 10 years of service and promotion to the rank of Master Trooper after 20 years of service. For special agents, the program provides for a salary increase after 10 years and a salary increase and promotion to the rank of senior special agent after 20 years of service. The bill prohibits a sworn employee of the Department from receiving more than two career progression salary increases, regardless of such employee's assignment or promotion to special agent.

S.B. 61

Patron: Hanger

Bonds for institutions of higher education. Authorizes issuance of bonds pursuant to Article X, Section 9 (c) of the Constitution of Virginia in an amount up to $14,387,000 plus financing costs for revenue-producing capital projects at institutions of higher education. The bill contains an emergency clause.

EMERGENCY

S.B. 208

Patron: Garrett


Statewide Fire Prevention Code; State Fire Marshal; consumer fireworks; penalties. Authorizes the use of consumer fireworks in the Commonwealth and distinguishes by definition consumer fireworks from display fireworks and permissible fireworks. The bill defines "consumer fireworks" as small fireworks devices (i) containing restricted amounts of pyrotechnic composition designed primarily to produce visible or audible effects by combustion and (ii) complying with certain federal regulations regarding composition and labeling. The bill also provides that the storage and transportation of consumer fireworks are to be considered the same hazard class as the storage and transportation of 1.4G explosives under the Statewide Fire Prevention Code (SFPC) and Uniform Statewide Building Code. The bill excludes from the provisions of the SFPC, unless prohibited by a local ordinance, (a) the sale of permissible or consumer fireworks, (b) any person using, igniting, or exploding permissible or consumer fireworks on residential or agricultural property with the consent of the owner of such property, or (c) such permissible or consumer fireworks when they are being transported from a locality where they were legally obtained to a locality where they are legally permitted. Current law only excludes sale of permissible fireworks or the use of such fireworks on private property. The provisions of the bill have a delayed effective date of January 1, 2017. The bill contains technical amendments.

S.B. 232

Patron: Hanger

Capital outlay plan. Revises the six-year capital outlay plan for projects to be funded entirely or partially from general fund-supported resources.

S.B. 416

Patron: Vogel

Limited Residential Lodging Act; penalty. Establishes the Limited Residential Lodging Act (the Act), which allows property owners to rent out their homes or portions thereof for charge for periods of less than 30 consecutive days or do so through a hosting platform, under certain circumstances. The hosting platform may register with the Department of Taxation, in which case the hosting platform is responsible for the collection and remittance of all applicable taxes on behalf of the property owner. The bill defines "limited residential lodging," "booking transaction," and "hosting platform" and provides for penalties for violations of the Act.

S.B. 476

Patron: Wagner

Hampton Roads Transportation Accountability Commission. Ensures that the moneys in the Hampton Roads Transportation Fund are distributed to the Hampton Roads Transportation Accountability Commission and allows the Commission to invest moneys in excess of those required to meet current needs in accordance with applicable law. Allows the Hampton Roads Transportation Accountability Commission to spend Hampton Roads Transportation Fund moneys on administrative and operating expenses and removes the requirement that, if no other funds are available, administrative expenses of the Commission be allocated among the localities within Planning District 23 on the basis of relative population. The bill states that it does not result in the expiration of the contingently effective provisions of Chapter 896 of the Acts of Assembly of 2007 or Chapter 766 of the Acts of Assembly of 2013. The bill allows an elected official of any of the four counties embraced by the Hampton Roads Transportation Accountability Commission who serves on the county's governing body and has been appointed by resolution of such governing body to represent the county on the Commission to serve on the Commission. Currently, only the chief elected officer of such county may serve on the Commission. The bill also allows a member representing a city or county to designate a current elected officer of the same governing body to serve in his place on the Commission after making such designation to the Chairman and limits such designation to two meetings or 25% percent of the Commission's meetings per year.

 

S.B. 563

Patron: Norment

Sales and use tax exemption; materials and equipment used to drill natural gas and oil. Extends the sunset from July 1, 2016, to July 1, 2021, for the sales and use tax exemption for machinery and tools, materials, and supplies used to drill, extract, or process natural gas or oil.

S.B. 625

Patron: Alexander

Transfers to the Port Opportunity Fund. Creates an exception to an annually determined transfer to the Port Opportunity Fund if the Secretary of Transportation determines that the transfer is not in the long-term interest of the Virginia Port Authority.

S.B. 693

Patron: Cosgrove

Transfers to the Port Opportunity Fund. Removes the requirement that if the Virginia Port Authority's revenues exceed expenditures by at least five percent the Authority transfer five percent of that year's revenues from terminal operations to the Port Opportunity Fund. The bill makes technical amendments.

S.B. 703

Patron: Lucas

Charges for information supplied by the Department of Motor Vehicles. Allows private toll facility operators to request DMV records and exempts private toll facility operators or their employees or agents from being assessed a charge by the Department of Motor Vehicles for supplying information for official use.

S.B. 731

Patrons: Hanger, Norment

Capital outlay funding. Authorizes the issuance of bonds by the Virginia Public Building Authority and the Virginia College Building Authority for certain projects and programs.

S.B. 751

Patron: DeSteph

Limited Residential Lodging and Short-term Rental Lodging Act; penalty. Establishes the Limited Residential Lodging and Short-term Rental Lodging Act (the Act), which allows (i) property owners to rent out their homes or portions thereof for a charge for periods of less than 30 consecutive days or (ii) short-term rentals of residential or commercial units; both of which may be transacted through a hosting platform, under certain circumstances. The bill requires an operator of either limited residential lodging or short-term rental lodging to register with the Department of Taxation. The hosting platform may register with the Department of Taxation, in which case the hosting platform is responsible for the collection and remittance of all applicable taxes on behalf of the property owner. The bill provides for the amount of license tax on such operators. The bill provides that any local ordinance requiring the use of the special exception, special use, or conditional use permit for short-term rental lodging contain specific provisions relating to noise, trash or recycling collection, and the posting of emergency information. The bill defines "limited residential lodging," "booking transaction," "hosting platform," "short-term lodger," short-term lodging operator," and "short-term rental lodging," and provides for penalties for violations of the Act.

S.B. 754

Patron: Vogel

Property conveyance; Department of General Services; Clarke County. Authorizes the Department of General Services, with the approval of the Governor, to convey certain property to Clarke County.