Forest Sustainability Fund; fund allocation.
Summary
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 SB 129.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2024
Committee Review
Feb 2024
House of Delegates Passage
Feb 2024
Senate Passage
Mar 2024
Signed into Law
Apr 2024
Introduced Jan 9, 2024
Signed Apr 8, 2024
Floor votes · Senate Feb 22, 2024 · House of Delegates Feb 8, 2024
How they voted
40–0
Passed
Total votes 40
Feb 22, 2024
D
Democratic21
100% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
29
Key actions
11
Committee
9
Apr 8, 2024
Signed into law
Approved by Governor-Chapter 699 (effective 7/1/24)
executive
Mar 2, 2024
Upper · Passed
Signed by President
upper
Feb 28, 2024
Lower · Passed
Signed by Speaker
lower
Feb 28, 2024
Lower · Passed
Bill text as passed House and Senate (HB944ER)
lower
Feb 23, 2024
Upper · Passed
Passed Senate (39-Y 0-N)
upper
Feb 22, 2024
Senate · Passed
Senate Vote: pass (40-0)
senate
Feb 21, 2024
Upper · Passed
Reported from Finance and Appropriations (14-Y 0-N)
upper
Feb 9, 2024
Committee
Referred to Committee on Finance and Appropriations
upper
Feb 8, 2024
Lower · Passed
VOTE: Block Vote Passage (98-Y 0-N)
lower
Feb 8, 2024
Lower · Passed
Read third time and passed House BLOCK VOTE (98-Y 0-N)
lower
Feb 2, 2024
Lower · Passed
Reported from Appropriations (22-Y 0-N)
lower
Feb 2, 2024
Lower · Passed
Subcommittee recommends reporting (8-Y 0-N)
lower
Jan 31, 2024
Committee
Assigned App. sub: Commerce Agriculture & Natural Resources
lower
Jan 31, 2024
Committee
Referred to Committee on Appropriations
lower
Jan 31, 2024
Committee
Referred from Finance
lower
Jan 25, 2024
Committee
Assigned Finance sub: Subcommittee #2
lower
Jan 9, 2024
Committee
Referred to Committee on Finance
lower
1 primary · 7 co-sponsors
Sponsors
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