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SB 129 Virginia Senate · 2024 Regular Session

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 HB 944.
Bill status signed all 5 stages cleared
Introduction
Jan 2024
Committee Review
Feb 2024
Senate Passage
Mar 2024
House of Delegates Passage
Feb 2024
Signed into Law
Apr 2024
Introduced Jan 5, 2024 Signed Apr 8, 2024
Floor votes · Senate Jan 29, 2024 · House of Delegates Feb 26, 2024

How they voted

40–0
Passed
Total votes 40
Jan 29, 2024
D Democratic21
21 Yea
100% Yea
R Republican19
19 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
24
Key actions
9
Committee
4
Apr 8, 2024
Signed into law
Approved by Governor-Chapter 703 (effective 7/1/24)
executive
Mar 3, 2024
Upper · Passed
Signed by President
upper
Feb 29, 2024
Lower · Passed
Signed by Speaker
lower
Feb 29, 2024
Upper · Passed
Bill text as passed Senate and House (SB129ER)
upper
Feb 26, 2024
Lower · Passed
VOTE: Block Vote Passage (96-Y 0-N)
lower
Feb 26, 2024
Lower · Passed
Passed House BLOCK VOTE (96-Y 0-N)
lower
Feb 21, 2024
Lower · Passed
Reported from Appropriations (22-Y 0-N)
lower
Feb 13, 2024
Committee
Referred to Committee on Appropriations
lower
Jan 29, 2024
Upper · Passed
Read third time and passed Senate (40-Y 0-N)
upper
Jan 24, 2024
Upper · Passed
Reported from Finance and Appropriations (13-Y 0-N)
upper
Jan 5, 2024
Committee
Referred to Committee on Finance and Appropriations
upper
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.