Income tax, corporate; distribution of revenues to state parks.
Summary
Corporate income tax; distribution of revenues;state parks. Requires five percent beginning July 1, 2024, ofall corporate income tax revenues to be distributed to the StatePark Conservation Resources Fund to provide (i) free entry to Virginia state parks and (ii) the conservation, development, maintenance,and operations of state parks acquired or held by the Departmentof Conservation and Recreation as provided in the appropriation act.The bill provides that such distribution shall not reduce the totalamount of annual appropriations for the Department and the Fund belowthe total amounts appropriated for the most recent fiscal year endingbefore July 1, 2024, except as provided by a subsequent appropriationact.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Feb 13, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
Feb 5, 2024
Lower · Passed
Subcommittee recommends laying on the table (7-Y 1-N)
lower
Feb 2, 2024
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 9, 2024
Committee
Referred to Committee on Finance
lower
1 primary · 1 co-sponsor
Sponsors
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