SENATE BILL 679

File Code: Taxes - Sales and Use Prior Year Introduction As: HB 1/00 - W&M

Sponsored By:

Senators Colburn, Hogan, and Mooney

Entitled:

Transportation Funding - Mass Transit - Sales and Use Tax

Synopsis:

Altering the distribution of sales and use tax revenue; creating a Mass Transit Account within the Transportation Trust Fund; providing for the distribution of specified sales and use tax revenue to the Mass Transit Account; pledging specified taxes collected to pay the principal and interest on specified bonds; etc.

History by Legislative Date

Senate Action

2/6

First Reading Budget and Taxation

3/10

Hearing 3/19 at 1:00 p.m.

3/24

Unfavorable Report by Budget and Taxation

House Action

No Action

Sponsored by:

Senator Richard F. Colburn, District 37

Senator Patrick J. Hogan, District 39

Senator Alexander X. Mooney, District 3

Bill indexed under the following Subjects:

MASS TRANSIT -see also- BUSES; RAILROADS

SALES AND USE TAX

STATE AID

TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc

Bill affects the following Statutes:

Tax - General

( 2-1302.2 , 2-1303 )

Transportation

( 3-215 , 3-216 , 3-401 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered