2007 Regular Session

HOUSE BILL 393

File Code: Taxes - Sales and Use
Sponsored By:
Delegates Hixson, Gilchrist, N. King, Ross, Stukes, and Walker
Entitled:
Sales and Use Tax - Rates - Mass Transit Funding

Synopsis:

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; altering the rate of the sales and use tax; limiting the use of the Mass Transit Account to funding specified transit expenses; providing that specified revenues distributed to the Mass Transit Account are in addition to and may not supplant other funds for mass transit; etc.

History by Legislative and Calendar Date

House Action
2/2
First Reading Ways and Means
2/7
Hearing 2/27 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20
Delegate Jim Gilchrist, District 17
Delegate Nancy J. King, District 39
Delegate Justin D. Ross, District 22
Delegate Melvin Stukes, District 44
Delegate Jay Walker, District 26

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Budgets -see also- Capital Budgets
Counties -see also- Chartered Counties; Code Counties
District of Columbia
Grants
Mass Transit -see also- Buses; Railroads
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Sales and Use Tax
State Aid
Transportation-see also- Aircraft; Airports; Boats; etc
Vending Machines

Bill affects the following Statutes:

Tax - General
( 2-1302.2 , 2-1303 , 11-104 , 11-301 )
Transportation
( 3-215 , 3-216 , 3-216 , 3-401 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered