HB 10 BPOL tax; maximum fee and tax rates established by a locality.
Mark L. Cole | all patrons    ...    notes
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Summary as passed House: (all summaries)

BPOL tax; maximum fee and tax rates established.  Prohibits a locality from increasing its local license (BPOL) fees or taxes above the rates of its BPOL fees and taxes imposed for the 2011 license year. The prohibition on increasing BPOL fees and taxes expires beginning with the 2015 license year.  The bill also authorizes a locality to impose the BPOL tax on (i) gross receipts or (ii) the Virginia taxable income of a corporation, the net income of a sole proprietorship, and the net income of a pass-through entity.  

Full text:
12/01/11  House: Prefiled and ordered printed; offered 01/11/12 12100251D  pdf | impact statements
01/30/12  House: Committee substitute printed 12104799D-H1  pdf | impact statement
02/29/12  Senate: Committee substitute printed 12105764D-S1  pdf

Status:
12/01/11  House: Prefiled and ordered printed; offered 01/11/12 12100251D
12/01/11  House: Referred to Committee on Finance
01/12/12  House: Assigned Finance sub: Subcommittee #2
01/25/12  House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
01/30/12  House: Reported from Finance with substitute (21-Y 1-N)
01/30/12  House: Committee substitute printed 12104799D-H1
01/31/12  House: Read first time
02/01/12  House: Read second time
02/01/12  House: Committee substitute agreed to 12104799D-H1
02/01/12  House: Engrossed by House - committee substitute HB10H1
02/02/12  House: Read third time and passed House (88-Y 12-N)
02/02/12  House: VOTE: PASSAGE (88-Y 12-N)
02/03/12  Senate: Constitutional reading dispensed
02/03/12  Senate: Referred to Committee on Finance
02/29/12  Senate: Committee substitute printed 12105764D-S1
02/29/12  Senate: Continued to 2013 in Finance (11-Y 2-N)