Joe McNamara
- Republican
- Delegate
- District 40
Primary
Revenue Stabilization Fund and Revenue ReserveFund; required deposits. Requires deposit of any revenues thatwould be required to be deposited in the Revenue Stabilization Fundor Revenue Reserve Fund to be deposited in the Taxpayer Relief Fund,established by the bill, in certain circumstances. Such depositsshall be made if the combined balance in the Revenue StabilizationFund or Revenue Reserve Fund exceeds 15 percent of the Commonwealth'saverage annual tax revenues derived from taxes on income and retailsales.
Left in Appropriations
Subcommittee recommends laying on the table (5-Y 2-N)
Assigned App. sub: General Government and Capital Outlay
Referred to Committee on Appropriations
Referred from Finance
Impact statement from DPB (HB542)
Prefiled and ordered printed; offered 01/10/24 24101584D
Referred to Committee on Finance
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24101584D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB542F122.PDF |
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