Legislation

Title: Operating Budget - Capital Gains Tax Revenue - Appropriation to Revenue Stabilization Account
Sponsored by: Delegate James
Status: In the House - Hearing 2/05 at 2:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring the Governor to include in the budget bill for each fiscal year a specified appropriation to the Revenue Stabilization Account if State income tax revenue from capital gains exceeds $500,000,000; and providing that the appropriation of specified State income tax revenue from capital gains to the Account shall be in addition to other required appropriations to the Account.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:

Details

Introduced in a prior session as: HB1439 Session: 2012 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2013

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 1/22/2013 Legislative Date 1/23/2013 Action First Reading Appropriations Proceedings
Chamber House Calendar Date 1/23/2013 Legislative Date 1/23/2013 Action Hearing 2/05 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/22/2013	1/23/2013	First Reading Appropriations
House	1/23/2013	1/23/2013	Hearing 2/05 at 2:00 p.m.

Documents

Date Posted	Document Name
1/23/2013	Text - First - Operating Budget - Capital Gains Tax Revenue - Appropriation to Revenue Stabilization Account

File Code

Subjects

Statutes