SB 129

  • Virginia Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 05, 2024
  • Passed Senate Jan 29, 2024
  • Passed House Feb 26, 2024
  • Signed by Governor Apr 08, 2024

Forest Sustainability Fund; fund allocation.

Abstract

Forest Sustainability Fund; fund allocation. Provides that moneys from the Forest Sustainability Fund must be allocated proportionally among localities that forgo tax revenues as a result of the use value assessment and taxation for real estate devoted for forest use. The bill specifies that no locality shall receive an allocation of more than four percent or less than one-half of one percent of available funds from the Fund. This bill is identical to HB 944.

Bill Sponsors (3)

Votes


Actions


Apr 08, 2024

Office of the Governor

Acts of Assembly Chapter text (CHAP0703)

Office of the Governor

Approved by Governor-Chapter 703 (effective 7/1/24)

Mar 11, 2024

Office of the Governor

Governor's Action Deadline 11:59 p.m., April 8, 2024

Senate

Enrolled Bill Communicated to Governor on March 11, 2024

Mar 03, 2024

Senate

Signed by President

Mar 01, 2024

Senate

Impact statement from DPB (SB129ER)

Feb 29, 2024

Senate

Bill text as passed Senate and House (SB129ER)

House

Signed by Speaker

Senate

Enrolled

Feb 26, 2024

House

Read third time

House

Passed House BLOCK VOTE (96-Y 0-N)

House

VOTE: Block Vote Passage (96-Y 0-N)

Feb 23, 2024

House

Read second time

Feb 21, 2024

House

Reported from Appropriations (22-Y 0-N)

Feb 13, 2024

House

Placed on Calendar

House

Referred to Committee on Appropriations

House

Read first time

Jan 29, 2024

Senate

Read third time and passed Senate (40-Y 0-N)

Jan 26, 2024

Senate

Read second time and engrossed

Jan 25, 2024

Senate

Constitutional reading dispensed (40-Y 0-N)

Jan 24, 2024

Senate

Reported from Finance and Appropriations (13-Y 0-N)

Jan 16, 2024

Senate

Impact statement from DPB (SB129)

Jan 05, 2024

Senate

Prefiled and ordered printed; offered 01/10/24 24102271D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24102271D PDF HTML
SB129ER PDF HTML
CHAP0703 PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: SB129FER122.PDF PDF
Fiscal Impact Statement: SB129F122.PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.