HB 1099

Abstract

Additional local sales and use tax; use ofrevenues for construction or renovation of schools. Allows anycounty or city to levy a local general retail sales tax and a localuse tax at a rate not to exceed one percent as determined by itsgoverning body to provide revenues solely for capital projects forthe construction or renovation of schools if such levy is approvedin a voter referendum. Under current law, the power to levy suchlocal sales and use taxes for the construction or renovation of schoolsis limited to the qualifying localities of Charlotte, Gloucester, Halifax, Henry, Mecklenburg, Northampton, Patrick, and PittsylvaniaCounties and the City of Danville.