Legislation

Title: Vessel Excise Tax - Exemption for Commercial Enterprises Paying the Admissions and Amusement Tax
Sponsored by: Senator Astle
Status: In the Senate - Hearing 2/20 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing an exemption from the vessel excise tax for the purchase of a vessel by a commercial enterprise if the use of the vessel will require the payment of at least 50% of the value of the exemption in admissions and amusement tax; requiring the Department of Natural Resources to adopt regulations; requiring the Department to report to the Governor and General Assembly on or before December 31 each year; providing that the Act applies to vessels purchased after June 30, 2013; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:

Details

Cross-filed with: HB0412

Bill File Type: Regular

Effective Date(s): June 1, 2013

History

Legislation History
Chamber Senate Calendar Date 1/29/2013 Legislative Date 1/30/2013 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/06/2013 Legislative Date 2/06/2013 Action Hearing 2/20 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/14/2013 Legislative Date 2/14/2013 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/14/2013 Legislative Date 2/14/2013 Action Hearing 2/20 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/29/2013	1/30/2013	First Reading Budget and Taxation
Senate	2/06/2013	2/06/2013	Hearing 2/20 at 2:00 p.m.
Senate	2/14/2013	2/14/2013	Hearing cancelled
Senate	2/14/2013	2/14/2013	Hearing 2/20 at 1:00 p.m.

Documents

Date Posted	Document Name
1/30/2013	Text - First - Vessel Excise Tax - Exemption for Commercial Enterprises Paying the Admissions and Amusement Tax

File Code

Subjects

Statutes