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.
1994 SESSION
SB 240 Taxation of wholesale merchants.
Introduced by: Warren E. Barry (by request) | all patrons ... notes | add to my profiles
SUMMARY:
Taxation of wholesale merchants. Permits localities to increase the wholesale merchant's tax rate to an amount not to exceed $0.50 per $100 of purchases on bulk petroleum storage facilities with a capacity of 100,000 gallons or more. The current rate limitation is $0.05 per $100. To the extent a locality utilizes this authority, increased collections attributable to the increased rate must be divided three ways: one-third to the local treasury, one-third to the general fund of the state treasury, and one-third to the Virginia Petroleum Storage Tank Fund.
FULL TEXT
HISTORY
- 01/24/94 Senate: Presented and ordered printed
- 01/24/94 Senate: Referred to Committee on Finance
- 02/16/94 Senate: Left in Finance