Taxation Passed HB3 Income tax deduction for qualified agricultural contributions. Extends the expiration date for the deduction for qualified agricultural contributions for income tax purposes from January 1, 1999, to January 1, 2004. Patron - Watkins HB21 Admissions tax. Allows Brunswick County to levy an admissions tax. Currently, Fairfax, Arlington, Dinwiddie, Prince George, and Culpeper Counties are authorized to levy such a tax. Patron - Councill HB33 Income tax; credit for taxes paid other states. Expands the credit for taxes paid to other states by Virginia residents to include business income reported on Federal Form Schedule C from a single state contiguous to Virginia for taxable years beginning on and after January 1, 1998. Patron - Clement HB38 Dedication of tax on outdoor equipment. Dedicates, beginning July 1, 2000, two percent of the proceeds from the state sales and use tax on hunting, fishing and wildlife-watching equipment to the Department of Game and Inland Fisheries' Game Protection Fund, up to an annual amount of $13 million. The amount that will be deposited in the Fund will be based on the most recent equipment sales figures reported in U.S. Bureau of the Census "National Survey of Fishing, Hunting, and Wildlife-Associated Recreation" for Virginia. The bill specifies that a portion of the dedicated revenue has to be used to defray the cost of law enforcement. A special, nonreverting fund, the Capital Improvement Fund, is also created to be used to purchase, construct, maintain, or repair the capital assets of the Department of Game and Inland Fisheries. No deposits will be made to the Capital Improvement Fund at any time the balance in this fund exceeds $35 million. The Board of Game and Inland Fisheries is authorized to transfer up to 50 percent of the dedicated sales tax revenue from the Game Protection Fund to the Capital Improvement Fund to finance the agency's capital needs. Patron - Thomas HB46 Taxable gross receipts of funeral services providers. Excludes amounts collected by a provider of funeral services on behalf of a third party providing related goods or services from the provider's gross receipts subject to local BPOL taxation. The funeral services provider must identify the payees and the amount of receipts paid to them on its license application. Currently, charges by a third party for the sale of funeral-related goods or services, which are collected by a funeral services provider and remitted to the third party, are taxable as gross receipts of the funeral services provider, regardless of whether the third party is subject to gross receipts tax on the same sale. Patron - Woodrum HB52 Income tax; foreign source retirement income tax credit. Allows a credit to individuals for taxes paid to a foreign country on foreign source retirement income. Patron - Morgan HB66 Tax credit for vehicles emissions testing equipment. Makes certified motor vehicle emissions testing equipment located in a locality adjacent to a locality with an enhanced vehicle emissions testing program eligible for a tax credit equal to 20 percent of the purchase or lease price of the equipment. The credit is available for taxable years beginning on and after January 1, 1998. The tax credit currently is available only for equipment located within a county, city or town which is required to implement an enhanced testing program. Patron - Orrock HB80 Retaliatory tax credit. Provides certain insurance companies headquartered in Virginia with a credit against their Virginia gross premium tax liability in an amount equal to the retaliatory costs incurred. To be eligible for the tax credit, a company must (i) by December 31, 1997, increase the number of permanent full-time employees by at least 325 above the number on December 31, 1996, or (ii) have more than 100 permanent full-time employees in any taxable year beginning on or after January 1, 2001. Members of an affiliated insurance group will be counted as one company for purposes of determining the amount of expenditures and number of employees. Excess credits of up to $800,000 in any year are refundable. Unused credits may be carried forward for five years. Patron - Cranwell HB100 Accelerated payments for participants in federal retiree settlement programs. Requires the final payment of federal retiree settlement payments to be made on September 30, 1998, if the 1997-1998 general fund revenue surplus is at least $62.5 million as certified by the Comptroller on August 15, 1998. If the 1997-1998 general fund revenue surplus is less than $62.5 million, then a special installment payment based on the 1997-1998 general fund revenue surplus divided by $62.5 million shall be made on September 30, 1998, and the final payment on March 31, 1999. Under the existing Harper settlement legislation, the payments are to be made in annual installments through March 31, 1999. Patron - Cranwell HB105 Sales and use tax exemption; media-related exemption for donated books (Von Holtzbrinck Publishing). From July 1, 1998, through June 30, 2002, provides a sales and use tax exemption for textbooks and other educational materials withdrawn from inventory at book-publishing distribution facilities for free distribution to professors and other individuals who have an educational focus. Patron - Davies HB131 Sales and use taxes. Extends the expiration date for all medical-related nonprofit civic and community service organization sales and use tax exemptions until July 1, 1999, and authorizes the General Assembly to act on extensions of such exemptions in odd-numbered year sessions. The measure also grants a sales and use tax exemption from July 1, 1998 through June 30, 1999, to organizations similar to the following: Williamsburg Radiation Therapy Center, the Garden Club of Virginia, Northumberland County Community Center, Goodwill Industries of Danville, Child Health Invest Partnership, Urbanna Swim Team, Inc., Rappahanock, Richmond, and Roanoke Goodwill Industries, Community Concert Association, Shalom et Benedictus, Oceanwatch, KISS Institute for Practical Robotics, Leg up, Therapeutic Riding Center for Handicapped, Inc., Road Runners Club of America, Inc., APTNA, Inc., Tranquility Breast Cancer Foundation, little league baseball organizations, Fredericksburg Area Museum and Cultural Center, The Harris Group, Appomattox Habitat for Humanity, Center for Christian Studies, Inc., People of Praise, Inc., Smithfield Recreation Association, Glen Allen Youth Association, Hadassah, Circuit City Foundation, Virginia Rehabilitation for the Blind, Hanover Domestic Violence Task Force, Hanover Association for Retarded Citizens, Hanover Arts & Activities Center, John Singleton Mosby Heritage Area Association, Hampton History Museum, Downtown Hampton Child Development Center, VII Corps Desert Storm Veterans Association, The Community Law Project, James River Association, Drive Smart Virginia, Inc., Martinsville Uptown Revitalization Association, Serenity House Substance Abuse Recovery Program, Alternative House, Charlottesville-Piedmont Alzheimer's Association and Related Disorders, Downtown Promoters, Inc., Agape Gospel Mission, Alliance for the Chesapeake Bay, Richmond Branch of the English Speaking Union of the United States, Smith Mountain Lake 4-H Educational Center, Harrisonburg Soccer Association, Roberta Webb Child Care Center, National Industries for the Blind, Virginia Waterfront International Arts, Tazewell Baseball Boosters, Inc., all 4-H Education Centers, Youth Club of Lancaster County, Inc., Von Holtzbrinck Publishing, C. D. Hylton Memorial Chapel Foundation, W. E. S. Flory Small Business Center, Black Data Processing Associates of Richmond, Roanoke Veterans Center, Roanoke Valley Housing Corp., Roanoke Inner City Athletic Association, Chesapeake's Museum and Information Center, Virginia Association of Museums, Northern Virginia Hotline, Earth Force, Inc., National Kidney Foundation of Virginia, Inc., and Vanguard Services, Inc. Patron - Howell HB157 Property tax exemption; Samaritan House, Inc. Grants a property tax exemption to the Samaritan House, Inc., (formerly, Virginia Beach Ecumenical Housing, Inc.) for its real and personal property located in the City of Virginia Beach and used by the organization for benevolent purposes. This exemption is retroactive to July 1, 1997. Virginia Beach Ecumenical Housing, Inc., has had a property tax exemption since 1990. Patron - McDonnell HB161 Portsmouth Hotel and Conference Center. Entitles the City of Portsmouth to sales tax revenue generated from transactions at a conference center, hotel, and related public facilities owned by the city. The revenue will be used to pay debt service on bonds issued by the city between July 1, 1998, and June 30, 1999. Patron - Melvin HB169 Transient occupancy tax; additional tax for certain counties. Allows the Counties of Chesterfield, Hanover and Henrico, defined by population brackets, to impose an additional two percent transient occupancy tax. The revenues generated from such additional amount will be spent on expanding the Richmond Centre, a convention and exhibition facility located in the City of Richmond. Patron - Rhodes HB198 Consumer utility tax; exemptions for churches. Provides that the City of Manassas, defined by population brackets, may exempt churches or religious bodies from the consumer utility taxes on telephone and other utility service. The exemption applies only to a church or religious body entitled to a property tax exemption by designation by the General Assembly. Generally, church property is not exempted from taxation by designation because it is exempted by classification under § 58.1-3617. Patron - Marshall HB240 Property tax exemption; Omnibus bill. Grants property tax exemptions for property owned by: the Williamsburg Land Conservancy, the Benevolent and Protective Order of Elks Lodge No. 875, Our Lady of Perpetual Help Health Center, the Northern Neck Elks Lodge No. 2666, Zulekia Court Number 35, L.O.S.N.A., Virginia Congress of Parents and Teachers, Total Action Against Poverty in Roanoke Valley, Highland County Medical Center, Inc., Shalom Et Benedictus, Robert E. Rose Memorial Foundation, Inc., Marine Spill Response Corporation, the Avenel Foundation, the National D-Day Memorial Foundation, Sophia House, Inc., Virginia Association of Volunteer Rescue Squads, Inc., Good Shepherd Alliance, Inc., Jeremiah House, Inc., Straight Street-Buckingham, Inc., Court House Players, Inc., Chesterfield County Alternatives, Inc., FFA-FHA Camp Association, Incorporated, Equine Rescue League Foundation, Breakthrough, Inc., Good Shepherd Housing Foundation, Eastern Prince William Sports Club, Lee Graham Corporation, Long Branch Swim and Racquet Club, Inc., Kings Ridge Swim Club, Inc., Crossroads Shelter, Inc., Alpha Phi Alpha Building Foundation, Darvilles Community Center, Newport News Link, Inc., Kilmarnock Museum, Inc., Jewish Foundation for Group Homes, Inc., Danville Regional Health System, Community Theatre of the Virginia Peninsula, Rosewell Foundation, Inc., Roanoke Foundation for Downtown, Inc., Foodbank of Southeastern Virginia, Inc., Roberta Webb Child Care Center, Inc., Belle Grove, Inc., Boykins Baptist Church, and Northern Neck Alliance, Inc. Patron - Grayson HB265 Major business facility job tax credit. Allows two or more affiliated companies to aggregate the number of jobs created for qualified full-time employees in order to meet the requirements for the tax credit. The act currently conditions eligibility on the creation of at least 100 jobs for qualified full-time employees (or 50 jobs if located in an enterprise zone). Companies will be affiliated if (i) one company owns at least 80 percent of the voting power of the other or others or (ii) at least 80 percent of the voting power of two or more companies is owned by the same interests. The measure applies to major business facilities established or expanded on or after January 1, 1997. Patron - Cantor HB278 Electronic communication services; exemption from retail sales and use tax. Exempts (i) charges for Internet access and related communications services and (ii) sales of software via the Internet from the retail sales and use tax. This measure codifies two recent decisions by the Tax Commissioner. Patron - Plum HB318 Property tax exemption; Beth Sholom Home of Eastern Virginia. Exempts the property of the Beth Sholom Home of Eastern Virginia from local property taxes in the City of Virginia Beach. This legislation is retroactive to January 1, 1998. Patron - Robinson HB369 Virginia Retirement System; prior service credit. Provides that special police officers serving between 1964 and 1985 in certain towns may purchase prior service credit in the Virginia Retirement System. Patron - Armstrong HB378 License taxes; telephone and telegraph companies. Clarifies that the annual report filed with the State Corporation Commission by telephone and telegraph companies does not need to include leased trucks, leased automobiles and leased real estate effective January 1, 1999. The measure also corrects the cross-reference to the definition of an "affiliated group." Patron - Parrish HB438 Voluntary income tax contribution; Historic Resources Fund. Allows individual taxpayers to make a voluntary contribution from income tax refunds to the Historic Resources Fund. Patron - Sherwood HB454 Historic rehabilitation tax credit. Allows the tax credit for the rehabilitation of certified historic structures to be claimed against the bank franchise tax, the license tax on insurance companies, and the license tax on certain regulated utility companies. Currently, the tax credit may only be claimed against individual, estate and trust, and corporate income taxes. Patron - Katzen HB513 Income tax credit for purchase of waste motor oil burning equipment. Establishes a credit against individual and corporate income tax liability for any taxpayer for 50 percent of the purchase price of equipment used to burn waste motor oil. To be eligible for the credit, the taxpayer must operate a business within Virginia which accepts waste motor oil from the public. The maximum amount of the credit that can be claimed in any year is $5,000. Patron - Deeds HB544 Historic rehabilitation tax credit. Defines a material rehabilitation, for purposes of determining eligibility for the historic rehabilitation tax credit, as improvement or reconstruction that costs at least 50 percent of the building's assessed value for the year prior to the initial expenditure of rehabilitation expenses. Patron - Rhodes HB553 License and franchise taxes; telephone and telegraph companies. Revises the definition of gross receipts for purposes of the minimum tax and the special tax by deleting the deduction for the first $500,000 of billing and collecting revenue. Revenues received from a telephone company from (i) unbundled network facilities; (ii) completion, origination or interconnection of telephone calls with taxpayer's network; (iii) transport of phone calls over taxpayer's network; and (iv) taxpayer's phone services for resale will be included in the company's taxable gross receipts. The bill clarifies that the SCC will eventually assess voice services such as cellular and broadband. These provisions become effective for tax years beginning on or after January 1, 1999. Patron - DeBoer HB554 Tax credits for machinery and equipment for processing recyclable materials. Establishes a corporate income tax credit equal to 10 percent of the purchase price paid in any taxable year for machinery and equipment used in facilities which manufacture items of personal property from recyclable materials. If the corporation has made a $350 million investment in the Commonwealth before January 1, 2003, the amount of the credit allowed in any taxable year is capped at 60 percent of the taxpayer's tax liability, and unused credits may be carried forward for 20 years. This credit is available for taxable years beginning on and after January 1, 1998. A corporation is not eligible for both this tax credit and the existing tax credit for purchases of machinery and equipment used in facilities which manufacture items of personal property from recyclable materials. The existing tax credit, which is limited to 40 percent of the taxpayer's tax liability and has a 10-year carry-forward, is renumbered in the Code. Patron - DeBoer HB555 Tax exemption for certified solar energy and recycling property. Allows taxpayers to deduct the amount of the tax exemption for certified solar energy equipment and certified recycling equipment, facilities, or devices from the machinery and tools tax due on such property. Currently, the amount of the tax exemption must be deducted from the real property tax due on the real estate to which the equipment, facilities, or devices are attached. Local governments are authorized to exempt or partially exempt such property from property tax. Patron - DeBoer HB608 Income tax deduction; obligations of the Virginia Higher Education Tuition Trust Fund. Establishes an individual income tax deduction for the amount paid for a prepaid tuition contract entered into with the Virginia Higher Education Tuition Trust Fund, not to exceed $2,000 per contract in any taxable year. Unused portions of the deduction may be carried forward until the purchase price has been fully deducted. The deduction may be taken beginning in taxable years beginning on and after January 1, 1998, for contracts purchased between January 1, 1996, and January 1, 1998. The measure also requires the Governor to include in the budget bill a sum sufficient appropriation for the purpose of ensuring that the Fund can meet its current obligations for the payment of contract benefits or other obligations, maintenance of the Fund, and operating expenses for the current biennium. Patron - Howell HB629 Statute of limitations; tax refunds. Extends the period during which a taxpayer may file an amended state income tax return based on a change in his federal tax liability to one year. Currently, an amended state return must be filed within 90 days after the change in federal tax liability. Patron - Rust HB630 Statutes of limitations; tax appeals. Extends the period during which a taxpayer may begin litigation contesting state or local tax assessments to one year following the final administrative determination. The bill also requires commissioners of the revenue to provide written responses to taxpayers' applications for correction of assessments, upon request. Patron - Rust HB657 Forest products tax. Provides an alternative method of paying the forest products tax based on weight. Currently, the tax is based on various volume measurements, such as board footage, cords, number of pieces, bundle size, etc. It also changes the method used by the State Forester in determining the revenues to be collected from the tax each biennium from an estimate of future revenues to the actual past revenues collected. At the election of the taxpayer, the amounts credited to the Reforestation of Timberlands State Fund may be based on weight. Patron - Dickinson HB663 Filing of tax returns; extensions. Exempts fiduciaries, acting on behalf of taxpayers that are unable to file their own returns, from penalties for failing to timely file a local tax return or pay the tax if the return is filed or the tax is paid within 120 days after the fiduciary qualifies or begins to act. The measure also provides that the failure to file a return or pay a tax due to the taxpayer's death will not be subject to penalty or interest if the return is filed or the tax paid within 30 days of the due date. Patron - Almand HB696 Tax credit for certain employers hiring recipients of Temporary Assistance to Needy Families (TANF). Provides a tax credit, beginning January 1, 1999, to employers that hire TANF recipients. To be eligible, an employer must have not more than 100 employees. The amount of the credit per qualified employee is five percent of his annual salary or $750 per year, whichever is less. The employer must provide written evidence to the Tax Commissioner that the employee meets the qualifications. Any employer receiving a grant under the Virginia Targeted Jobs Grant Program shall not be eligible for the TANF tax credit. The tax credits claimed under this bill, when added to the amount of grants under the Targeted Jobs Grant Program, cannot exceed the amount appropriated for the Target Jobs Grant Fund. Patron - McDonnell HB698 State lottery; information of lottery tickets. Extends the sunset from July 1, 1998, to July 1, 1999, for the printing of lottery tickets bearing a toll-free telephone number for "Gamblers Anonymous" or other organization which provides assistance to compulsive gamblers. Patron - Tata HB727 Valuation of land under conservation easement. Clarifies how the value of land is to be determined for tax purposes if the land has been made subject to a permanent conservation easement. The assessed value of the land will not include any value attributable to a use that is not permitted under the terms of the conservation easement. Patron - Murphy HB730 Collection of local taxes. Amends several provisions relating to the collection of local taxes. The changes (i) require writs and other legal process issued by treasurers to be served and returned in the same manner as civil process issued by courts; (ii) allow localities to have the sheriff or a tax collector collect delinquent taxes only if they are at least six months delinquent (which is the same limit that applies to hiring an attorney to collect delinquent taxes); (iii) toll the statute of limitations on local tax collections while the taxpayer is in bankruptcy or is in receivership; and (iv) provide that the administrative cost a locality may assess on delinquent taxpayers of up to $20 is not to be included in the 20 percent cap on the attorney's or collection agency's fees. The bill also repeals provisions requiring county treasurers to keep records of delinquent real estate taxes assessed by towns within the county and authorizing town treasurers to summons taxpayers. Patron - Johnson HB731 Delinquent property taxes. Authorizes any locality that issues local licenses at no cost for certain classes of vehicles, including those owned by members of voluntary rescue squads and volunteer fire departments, or auxiliary police officers, to refuse to issue free decals for such vehicles if the owner is delinquent in the payment of property taxes on the vehicle. The measure also caps the penalty that may be charged on delinquent personal property taxes on vehicles that are taxed under classifications for vehicles owned or leased by members of volunteer fire departments and volunteer rescue squads, or auxiliary police officers, at the greater of (i) the difference between the tax due and that which would have been due if the property had been classified as general personal property, (ii) 25 percent of the tax, or (iii) ten dollars. Patron - Johnson HB790 Remote access; public records. Authorizes commissioners of revenue and treasurers to provide remote access, by means such as the Internet, to public, nonconfidential records maintained by their offices. Patron - Phillips HB837 Assignment of lottery proceeds. Provides that lottery winners who receive their lottery winnings may assign those winnings or pledge the winnings as collateral for a loan pursuant to a written contract signed by both parties and approved by a court of appropriate jurisdiction. Lenders and assignees must register with the State Lottery and are prohibited from making any communication with a lottery winner which implies that the assignee or lender is affiliated with the Lottery. The assignor or borrower must have received independent legal counsel and financial counsel prior to entering into the contract and have three business days after the contract is signed to cancel the contract. The contract must also fully disclose the terms of the contract. The interest rate on any loan or assignment may not exceed 12 percent. Patron - Cantor HB848 Earned-income tax credit. Allows an earned-income credit for low-income families with children. The amount of the credit is equal to the greater of (i) 75 percent of their federal earned-income credit or (ii) $300 per eligible child. The credit is nonrefundable. The credit is available to individuals whose family Virginia adjusted gross income does not exceed a limit based on the federal poverty guideline amounts. The limit ranges from $10,850 for a two-person family to $27,650 for a family of eight or more. The limits will be adjusted annually to reflect changes in the federal poverty guidelines. The bill will become effective upon notice from the federal Department of Health and Human Services that the tax credit qualify as a portion of Virginia's maintenance of effort under its TANF plan. The credit will be available for taxable years beginning on and after January 1, 1998. Patron - Puller HB875 Admissions tax in certain counties; Nelson County. Allows Nelson County, defined by population brackets, to impose the tax on admissions for any spectator event. The tax may not be levied on admissions charged to participants in any event. The tax shall not exceed 10 percent of the admissions charge. Patron - Abbitt HB984 Enterprise zones; joint zones. Allows local governing bodies, with approval from the local governing body of a neighboring jurisdiction having the county manager form of government (Henrico County) and in accordance with applicable law and regulations, to create a joint enterprise zone with a contiguous neighboring jurisdiction. The measure also increases the total amount of business tax credits and real property investment tax credits available to small qualified business firms and small qualified zone residents from $5 million to $16 million. The amount of such credits available to large qualified business firms and large qualified zone residents remains at $3 million. The measure also reduces the criteria for designation as a large qualified business firm from making investments of $25 million that result in 100 new permanent jobs to making investments of $15 million that result in 50 new permanent jobs. Qualified business firms not designated as large qualified business firms are designated as small qualified business firms. Small qualified business firms are allowed an income tax credit equal to 80 percent of tax liability in the first year and 60 percent in each of the following nine years. The amount of the income tax credit received by large qualified business firms is determined by negotiation between the Department of Housing and Community Development and the firm, not to exceed the amounts available to a small qualified business firm. Patron - McEachin HB1126 Income tax; voluntary contribution to the Family and Children's Trust Fund. Allows taxpayers, for taxable years beginning on and after January 1, 1998, to make contributions to the Family and Children's Trust Fund by making payment to the Department of Taxation if the taxpayer is ineligible for a refund or the taxpayer wishes to make a contribution that is greater than the amount of the refund. Patron - Howell HB1133 Distribution of local coal and gas road improvement tax for water projects. Removes the requirement that all water supplies in a locality be included in developing the plans for funding water projects from the local coal and gas road improvements tax. Patron - Phillips HB1147 Virginia taxable income of residents. Provides a subtraction for all military pay and allowances earned while serving in a combat zone or an area designated as a qualified hazardous duty area by order of the President. Patron - Puller HB1216 Situs of personal property. Fixes the locality where a motor vehicle with a weight of 10,000 pounds or less is registered as its situs for personal property taxation, if the vehicle is registered in Virginia but normally garaged or parked in another state. Currently, the situs for taxation of vehicles is the jurisdiction where they are normally garaged or parked. Patron - Ingram HB1359 Qualified equity and subordinated debt investments tax credit. Provides a tax credit, beginning January 1, 1999, for cash investments in the form of equity or subordinated debt in certain qualified businesses. A qualified business must have annual gross revenues of no more than $5 million, be domiciled in the Commonwealth, be engaged in business primarily or do substantially all of its production in the Commonwealth and not be engaged in certain types of business, including banking, credit or finance, accounting, insurance, construction, and business consulting. The credit shall not exceed the lesser of the tax imposed on the taxpayer for the taxable year in which the credit is sought or $50,000. Any unused credit may be carried over for 15 years. Total credits available for any calendar year shall be $5 million. Unless such investments are held for at least five years, the taxpayer must forfeit used and unused credits, plus penalty, to the Department of Taxation. Patron - Scott HB1419 Taxation of wetlands and riparian buffers. Authorizes local governments to partially or totally exempt from real property taxation wetlands and riparian buffers that are subject to a perpetual easement permitting inundation by water. The measure also redefines "real estate devoted to open-space use," which may qualify for land-use taxation, to include certain wetlands and riparian buffers. Patron - Harris HB1423 Transient occupancy tax; Dinwiddie County. Adds Dinwiddie County, defined by population brackets, to the list of counties which may impose a transient occupancy tax of up to five percent, with the excess over two percent dedicated to the promotion of tourism. Patron - DeBoer HB1425 Property tax exemption for erosion control improvements. Authorizes local governments to partially exempt from taxation real estate that has been improved with bulkheads or other structural improvements installed to control erosion, and is used primarily for the purpose of abating or preventing pollution. The exemption shall not exceed (i) all or a portion of the increase in the assessed value of the real property resulting from the placement of the structural improvements or (ii) 50 percent of the cost of such improvements. Patron - Harris HB1431 Local taxes; filing dates. Clarifies that localities may continue to bill twice annually for personal property taxes. Patron - Reid SB5 Property tax exemption; Omnibus Property Tax Exemption Bill. Exempts the property of Good Shepherd Housing and Family Services, Inc., from local property taxes in Fairfax County; exempts property of Virginia Congress of Parents and Teachers, located in Henrico County, from taxation effective January 1, 1998; exempts real property of Shen-Paco Industries, Inc., located in Page County, from taxation; exempts the property of Robert E. Rose Memorial Foundation, Inc., from local property taxes in Frederick County; exempts personal property of Shalom Et Benedictus, located in Frederick County from taxation; exempts the property of Zulekia Court Number 35, L.O.S.N.A. from local property taxes in the City of Chesapeake; exempts the leasehold interest of Riverfront Management Corporation in any real property located in the City of Richmond, leased to it by the City of Richmond, and used by it exclusively for benevolent, cultural, historical, or public park and playground purposes, from property tax; exempts real property of Sophia House, Inc., located in Louisa County, from taxation; exempts real and personal property of Hospice Support Care, Inc., located in the City of Fredericksburg, from taxation; exempts certain designated property owned by Audubon Naturalist Society of the Central Atlantic States, Inc., located in Fairfax County, from local taxation; grants property tax exemptions to The Avenel Foundation and The National D-Day Memorial Foundation for property each nonprofit organization owns in Bedford County; grants a property tax exemption to the Williamsburg Land Conservancy for its real and personal property located in James City County and used by the organization for benevolent purposes; exempts property owned by Beth Sholom Home of Eastern Virginia, located in the City of Virginia Beach, from taxation, effective January 1, 1998; exempts from local taxation certain designated property owned by Lend-A-Paw Relief Organization, located in Fairfax County; exempts from local taxation certain designated property owned by the Jewish Foundation for Group Homes, Inc., located in Fairfax County; grants a property tax exemption to Gainesville Ruritan Club for property it owns in Prince William County; exempts from local taxation property owned by Northern Virginia Family Services, located in Prince William County. Patron - Gartlan SB23 Transient occupancy tax. Authorizes Wythe County to levy a transient occupancy tax at a rate not exceeding five percent. Revenues from the portion of the tax exceeding two percent shall be spent on tourism, marketing of tourism, or initiatives that, as determined in consultation with local tourism industry organizations, attract travelers to the county and generate tourism revenues. Caroline, Page, James City, Tazewell, and Augusta Counties currently have the same authority. Patron - Reasor SB47 Roll-back taxes on property in land use taxation. Increases the threshold amount for liability for roll-back taxes from two dollars to ten dollars. If the amount of tax due is less than this amount, roll-back taxes will not be due upon a change in the use or zoning of property assessed under a land use taxation program. Patron - Hawkins SB55 Portsmouth Hotel and Conference Center. Entitles the City of Portsmouth to sales tax revenue generated from transactions at a conference center, hotel and related public facilities owned by the city. The revenue will be used to pay debt service on bonds issued by the city between January 1, 1998, and June 30, 1999. Patron - Quayle SB81 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit tax-exempt foundation that operates an approximately 78,000-square-foot facility for the purpose of providing to Virginia's citizens a location for Christian and community events sponsored primarily by other nonprofit organizations. Cecil D. Hylton Memorial Chapel Foundation would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Colgan SB109 Tax classifications of farm machinery. Creates a separate classification of farm machinery consisting of such machinery designed solely for the planting, production or harvesting of a single product or commodity. Local governments may exempt this class of equipment or tax it at different rates from the rate imposed on farm machinery generally. Patron - Holland SB113 BPOL tax on professional employer organization firms. Exempts from the gross receipts subject to the BPOL tax any wages, salaries, payroll taxes or other employee benefits paid by an employee leasing firm or temporary employee services firm to or for employees employed at a client company. Patron - Trumbo SB144 Transient occupancy tax; additional tax for certain counties. Allows the Counties of Chesterfield, Hanover and Henrico to impose an additional two percent transient occupancy tax with the revenues generated from such additional amount to be spent on expanding the Richmond Centre, a convention and exhibition facility located in the City of Richmond. Patron - Lambert SB228 State recordation tax. Exempts a deed of trust or mortgage which is given by a local governmental entity or political subdivision of the Commonwealth to secure a debt payable to any other local governmental entity or political subdivision. Patron - Trumbo SB234 Recordation tax. Defines "existing debt" as the original, secured principal amount for purposes of determining the exemption from additional tax applicable when the debt is refinanced or otherwise modified. Patron - Trumbo SB282 Voluntary income tax contribution; Historic Resources Fund. Allows individual taxpayers to make a voluntary contribution from income tax refunds to the Historic Resources Fund. Patron - Wampler SB284 Reciprocal agreements for nonresident income tax liability. Authorizes the Department of Taxation to enter into reciprocal agreements with other states to exempt nonresidents from the income tax on income distributed to nonresidents by a trust domiciled in the reciprocating state. Currently, the Department is authorized to enter into such reciprocal agreements exempting nonresidents from income tax on compensation paid in the reciprocating state. Patron - Couric SB475 Income tax withholding statements. Changes the date by which employers must file their annual income tax withholding reconciliation statements from January 31 to February 28. This change conforms the date for filing the Virginia statement to the federal filing date for year-end withholding information. This measure is effective for returns required to be filed during calendar years beginning on and after January 1, 1999. Patron - Stosch SB482 Admissions tax in certain counties; Nelson County. Allows any county with a population of no less than 12,450 and no more than 12,850 to impose a tax on admissions for any spectator event. The tax shall not exceed 10 percent of the admissions charge. Patron - Couric SB543 Period for filing for amended state tax returns. Extends the period during which a taxpayer may file an amended state tax return, based on a change in his federal tax liability, to one year. Currently, an amended return providing the taxpayer with a state tax refund must be filed within 90 days after the change in federal tax liability. Patron - Hanger SB677 Property tax exemptions for elderly and disabled persons. Allows the governing bodies of Fairfax County and adjacent localities; the Cities of Chesapeake, Leesburg, Manassas, Manassas Park, Portsmouth, Suffolk, and Virginia Beach; and Chesterfield, Fauquier, Henrico and Stafford Counties to raise the maximum income and net financial worth limitations for eligibility under local real property tax exemption or deferral programs and personal property tax rate reduction programs. The income limits are increased from $40,000 to the greater of $52,000 or the income limitations on qualifying for federal housing assistance. The net financial worth limits are increased from $150,000 to $195,000. Patron - Mims SB709 Corporate income tax; apportionment. Revises the formula for calculating the portion of a corporation's income that is subject to the Virginia corporate income tax. Currently, Virginia generally uses a three-factor test by which the total of the property factor, payroll factor, and sales factor is divided by three. Under this measure the sales factor is double-weighted, with the result that, when all three factors are present, the property factor, payroll factor, and twice the sales factor will be divided by four. The measure applies for taxable years beginning on and after January 1, 2000, and will take effect only if reenacted by the 1999 Session of the General Assembly. Patron - Stolle Failed HB4 Sales and use tax exemptions; area agencies on aging. Extends the sales and use tax exemption for tangible personal property purchased for use or consumption by area agencies on aging from June 30, 1998, to June 30,1999. Incorporated in HB 131. Patron - Thomas HB5 Sales and use tax exemptions; extends sunset date. This bill extends the expiring sunset date for an organization, exempt from taxation under § 501 (c) (3) of the Internal Revenue Code, which provides emergency financial assistance for rent, utilities, food, prescriptions, and transportation to those individuals at the poverty level or below; teaches reading through its literacy program for adults and families; and teaches parenting skills through its parenting program from July 1, 1998, to July 1, 1999. The bill also has technical amendments. Incorporated in HB 131. Patron - Thomas HB7 Property tax exemption: The Benevolent and Protective Order of Elks Lodge No. 875. Exempts the property of The Benevolent and Protective Order of Elks Lodge No. 875, from local property taxes in Spotsylvania County. Incorporated in HB 240. Patron - Orrock HB10 Personal property tax; payment options. Requires, rather than permits, localities to offer options to permit taxpayers to pay the tangible personal property tax monthly, bi-monthly, quarterly, semi-annually or in a lump sum, provided it is paid in full by the final due date. There are technical amendments. Patron - Robinson HB11 Property tax exemption; Our Lady of Perpetual Help Health Center, Inc. Grants a property tax exemption to Our Lady of Perpetual Help Health Center, Inc., a nonprofit benevolent corporation, for property it owns in the City of Virginia Beach. Incorporated in HB 240. Patron - Tata HB22 Sales and use tax exemption; Department of Housing and Urban Development Section 8 programs. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for any nonprofit organization receiving federal grant assistance from the Department of Housing and Urban Development Section 8 programs. An amendment also extends to June 30, 2003, the sales and use tax exemption for food sold to residents (of Lewinsville Retirement Residence, Inc.) under that program. Incorporated in HB 131. Patron - Callahan HB23 Sales and use tax exemption; Williamsburg Radiation Therapy Center, Inc. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation which owns and operates an out-patient medical facility where radiation therapy services are provided to cancer patients, offers educational programs about cancer, and offers free cancer screenings. The bill also extends all expiring sunsets to June 30, 1999. Incorporated in HB 131. Patron - Grayson HB24 Property tax exemption; Northern Neck Elks Lodge No. 2666. Grants a property tax exemption to the Northern Neck Elks Lodge No. 2666 for property it owns in Westmoreland County. Incorporated in HB 240. Patron - Murphy HB25 Sales and use tax; nonprofit civic and community service exemption. Grants a sales and use tax exemption to a nonprofit organization exempt from federal taxation which, among other things, promotes gardening among amateurs and assists in restoring and preserving historic gardens in Virginia. Incorporated in HB 131. Patron - Murphy HB26 Sales and use tax exemption; Northumberland County Community Center, Inc. Grants a sales and use tax exemption to a nonprofit tax-exempt corporation whose mission is to support and strengthen the family unit by working to improve living conditions, provide meaningful activities for children and greater educational opportunities in a positive, constructive, structured environment. Incorporated in HB 131. Patron - Murphy HB27 Motor vehicle sales and use tax; exemptions for certain leased motor vehicles. Exempts certain leased motor vehicles from the motor vehicle sales and use tax when the lease is renewed after the initial term between the same lessor and lessee or if the motor vehicle is purchased at the end of the lease term from the same lessor. There are some technical amendments. Patron - Bloxom HB28 Sales and use tax exemptions; extending all sunset dates. This bill extends all expiring sunset dates for medical-related organizations and nonprofit civic and community service organizations from July 1, 1998, to July 1, 1999. This bill is incorporated into HB 131. Patron - Dickinson HB34 Sales price of motor vehicles subject to the motor vehicle sales and use tax. Reduces the taxable price of a motor vehicle for purposes of determining motor vehicle sales and use tax liability by the value of any motor vehicle taken in trade. The amount of credit for a traded-in vehicle is the lesser of the allowance given by the seller or the wholesale value of the vehicle as specified in a recognized pricing guide. There are some technical amendments. Patron - Clement HB35 Sales and use tax exemption; Goodwill Industries of Danville Area, Inc. Grants a sales and use tax exemption to a nonprofit tax-exempt organization in the Twelfth Planning District which provides educational training, employment, and opportunities for persons with disabilities. Incorporated in HB 131. Patron - Clement HB39 Sales and use tax exemption; CHIP of Virginia. Extends the sunset from June 30, 1998, to June 30, 1999, for a tax-exempt nonprofit organization which coordinates and facilitates the delivery of health care services to children, ages birth to six years, of federal poverty level families. Incorporated in HB 131. Patron - Thomas HB50 Property tax exemption: Zulekia Court Number 35, L.O.S.N.A. Exempts the property of Zulekia Court Number 35, L.O.S.N.A. from local property taxes in the City of Chesapeake. Incorporated in HB 240. Patron - Melvin HB54 Sales and use tax exemption; nonprofit swim team (Urbanna Swim Team, Inc.). Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for the tangible personal property used by or sold by any organization organized solely as a nonprofit swim team for children ages eighteen and under. Incorporated in HB 131. Patron - Morgan HB55 Sales and use tax; Kiwanis Clubs. Provides a sales and use tax exemption on purchases made by a nonprofit, tax-exempt volunteer organization which sponsors activities that provide for assistance to young people and the elderly, conserve natural resources, develop community facilities, and create international understanding and goodwill. Incorporated in HB 131. Patron - Morgan HB61 Sales and use tax exemption; Rappahannock and Richmond Goodwill Industries. Grants a sales and use tax exemption to a nonprofit, tax-exempt organization in the Fifteenth and Sixteenth Planning Districts which provides educational training, employment and opportunities for persons with disabilities. The bill also extends a number of existing exemptions to June 30, 1999. Incorporated in HB 131. Patron - Howell HB74 Property tax exemption; Virginia Congress of Parents and Teachers. Grants a property tax exemption to the Virginia Congress of Parents and Teachers, a charitable organization, for property it owns in Henrico County. Incorporated in HB 240. Patron - McEachin HB78 Property tax exemption; STEPS, Inc. Exempts property of STEPS, Inc., located in Lunenburg County from property taxation. Patron - Ruff HB81 Sales and use tax; textbook exemption. Broadens an existing exemption to include sales of textbooks by for-profit institutions of learning. Currently, the exemption only applies to sales of textbooks by nonprofit institutions of learning. Patron - Cranwell HB83 Property tax exemption; Total Action Against Poverty in Roanoke Valley. Grants a property tax exemption to Total Action Against Poverty in Roanoke Valley, a charitable and benevolent corporation, for property it owns in the City of Covington. Incorporated in HB 240. Patron - Deeds HB84 Property tax exemption; The Highland County Medical Center, Inc. Exempts from taxation the property of The Highland County Medical Center, Inc., located in Highland County. Incorporated in HB 240. Patron - Deeds HB91 Sales and use tax; United States Post Office. Clarifies that purchases from the United States Post Office of items other than stamps are subject to use tax. Patron - Cranwell HB106 Sales and use tax; the Community Concert Association. Grants a sales and use tax exemption, from July 1, 1998, through June 30, 1999, to a nonprofit tax-exempt organization which builds and maintains a permanent concert audience and cultivates an interest in good music. Incorporated in HB 131. Patron - Davies HB109 Property tax exemption; Shalom Et Benedictus. Grants a property tax exemption to Shalom Et Benedictus, a nonprofit, charitable and benevolent organization, for property located in Frederick County. Incorporated in HB 240. Patron - Sherwood HB110 Property tax exemption: Robert E. Rose Memorial Foundation, Inc. Exempts the property of Robert E. Rose Memorial Foundation, Inc., from local property taxes in Frederick County. Incorporated in HB 240. Patron - Sherwood HB111 Sales and use tax exemption; Shalom et Benedictus, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt nonprofit organization which operates primarily to rehabilitate and educate adolescents in the areas of alcohol and drug abuse. Incorporated in HB 131. Patron - Sherwood HB114 Property tax exemption; Marine Spill Response Corporation. Grants a property tax exemption to the Marine Spill Response Corporation for its real and personal property located in Fairfax County and used by the organization for benevolent purposes. Incorporated in HB 240. Patron - Callahan HB117 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt volunteer organization organized for the purpose of promoting conservation of marine resources and coastal wildlife through education and volunteer projects, including but not limited to conducting seminars for dive clubs and publishing a newsletter. The exemption covers both purchases and sales by the organization. Oceanwatch would be a beneficiary of the exemption. Incorporated in HB 131. Patron - Plum HB118 Sales and use tax exemption; KISS Institute for Practical Robotics. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service organizations created exclusively to promote better understanding of math, science and technology through robotics education and to advance the state of assistive technology through research on robotic wheelchairs. Incorporated in HB 131. Patron - Plum HB119 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation which is organized for the purpose of providing therapeutic horseback riding for clients with disabilities through a year-round riding program and a summer camping program located within the boundaries of the Third Planning District. A Leg Up: Therapeutic Riding Center for the Handicapped, Inc., would be a beneficiary of the exemption. Incorporated in HB 131. Patron - Johnson HB120 Sales and use tax exemption; Southwest Virginia 4-H Educational Center, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt nonprofit organization which fosters and encourages youth development in cooperation with the Virginia Cooperative Extension and other local, state and federal agencies, groups, businesses and individuals in the Third Planning District. Incorporated in HB 131. Patron - Johnson HB123 Sales and use tax exemption; Southeast 4-H Educational Center, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt nonprofit organization which fosters and encourages youth development in cooperation with the Virginia Cooperative Extension and other local, state and federal agencies, groups, businesses and individuals in the Nineteenth Planning District. Incorporated in HB 131. Patron - Councill HB124 Sales and use tax exemption; Road Runners Club of America, Inc. Grants a sales and use tax exemption to a nonprofit tax-exempt corporation which promotes long-distance running through a variety of ways. The bill also extends numerous existing exemptions to June 30, 1999. Incorporated in HB 131. Patron - Puller HB125 Sales and use tax exemption; APTNA, Incorporated. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for nonprofit organizations organized solely for the purpose of providing addiction education through promoting treatment/prevention services and by disseminating information on existing treatment and self-help programs for addictive diseases. Incorporated in HB 131. Patron - Drake HB129 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service corporations organized exclusively to provide breast cancer support and outreach for the medically underserved, including free mammography programs. The Tranquility Breast Cancer Foundation, Inc., will benefit from this exemption. Incorporated in HB 131. Patron - Griffith HB132 Personal property tax exemption; The Avenel Foundation and The National D-Day Memorial Foundation. Grants property tax exemptions to The Avenel Foundation and The National D-Day Memorial Foundation for property each nonprofit organization owns in the City of Bedford. Incorporated in HB 240. Patron - Putney HB135 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by any nonprofit Virginia corporation exempt from taxation under § 501 (c) (3) of the Internal Revenue Code which is organized for the purposes of promoting baseball programs for boys 13 through 18 years of age and sponsoring baseball tournaments from local through state levels. The Dixie Boys/Majors Baseball of Virginia, Inc., would be among the beneficiaries of the exemption. Incorporated in HB 131. Patron - Putney HB136 Property tax exemption; Sophia House, Inc. Grants a property tax exemption to Sophia House, Inc., a charitable and religious corporation, for property it owns in Louisa County. Incorporated in HB 240. Patron - Dickinson HB137 Property tax exemption; Virginia Association of Volunteer Rescue Squads, Inc. Exempts property of Virginia Association of Volunteer Rescue Squads, Inc., located in Goochland County from taxation. Incorporated in HB 240. Patron - Dickinson HB140 Sales and use tax exemption; Fredericksburg Area Museum and Cultural Center, Inc. Grants a sales and use tax exemption to tax-exempt nonprofit cultural corporations organized to preserve and exhibit objects relating to the history of the Fredericksburg area. Incorporated in HB 131. Patron - Dickinson HB141 Sales and use tax exemption; The Harris Group. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service organizations formed exclusively to educate and motivate disabled persons in Virginia through use of television, video, radio, print, and seminars. Incorporated in HB 131. Patron - Keating HB143 Property tax exemption; The Good Shepherd Alliance, Inc. Exempts from taxation personal property of The Good Shepherd Alliance, Inc., located in Loudoun County. The exemption is retroactive to January 1, 1997. Incorporated in HB 240. Patron - Mims HB144 Property tax exemption; Jeremiah House, Inc. Exempts from taxation personal property of Jeremiah House, Inc., located in Loudoun County. The exemption is retroactive to January 1, 1996. Incorporated in HB 240. Patron - Mims HB147 Sales and use tax exemption; Holiday Lake 4-H Educational Center, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt nonprofit organization which fosters and encourages youth development in cooperation with the Virginia Cooperative Extension and other local, state and federal agencies, groups, businesses and individuals in the Eleventh Planning District. Incorporated in HB 131. Patron - Abbitt HB148 Property tax exemption; Straight Street-Buckingham, Inc. Provides a property tax exemption to Straight Street-Buckingham, Inc., a nonprofit educational corporation, for property it owns in Buckingham County. Incorporated in HB 240. Patron - Abbitt HB150 Sales and use tax exemption; Appomattox County Habitat for Humanity, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service corporations organized exclusively to provide labor and materials to build housing for low-income families in the Appomattox area and to provide interest-free mortgages to such low-income families. Incorporated in HB 131. Patron - Abbitt HB152 Sales and use tax exemption; Center for Christian Studies, Inc. and People of Praise, Inc. Grants a sales and use tax exemption to both (i) a nonprofit tax-exempt corporation which operates an ecumenical school and (ii) a nonprofit tax-exempt corporation which sponsors meetings for the purposes of prayer, fellowship and training in Christian character. Incorporated in HB 131. Patron - Scott HB153 Property tax exemption; The Court House Players, Inc. Exempts property of The Court House Players, Inc., located in Mathews County from taxation. Incorporated in HB 240. Patron - Bloxom HB154 Property tax exemption; Chesterfield Alternatives, Inc. Grants a property tax exemption to Chesterfield Alternatives, Inc., a nonprofit tax-exempt corporation, for property it owns in Chesterfield County. Incorporated in HB 240. Patron - Nixon HB158 Property tax exemption; FFA-FHA Camp Association, Inc., and FFA-FHA/HERO Educational and Recreational Center. Grants a property tax exemption to the FFA-FHA Camp Association, Inc., and FFA-FHA/HERO Educational and Recreational Center, two nonprofit organizations, for their property located in Isle of Wight County. Incorporated in HB 240. Patron - Barlow HB159 Sales and use tax exemption; little league baseball. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for any civic youth organization located in the Twenty-third Planning District which solely promotes community little league-type baseball or softball. Incorporated in HB 131. Patron - Barlow HB163 Sales and use tax exemption; Babe Ruth Association, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to any tax-exempt nonprofit corporation formed exclusively as a nonprofit, volunteer-run community baseball association. Incorporated in HB 131. Patron - Hull HB166 Sales and use tax exemptions; Glen Allen Youth Athletic Organization and Hadassah. Broadens an existing exemption for a little league organization to include sales of tangible personal property and it extends the sunset date for the same exemption from 1998 to 1999. The bill also broadens another existing exemption for a Jewish women's nonprofit organization to include all purchases of tangible personal property. It also extends that sunset date from 1999 to 1999. Incorporated in HB 131. Patron - Cantor HB167 Sales and use tax exemption; nonprofit civic and community service and miscellaneous organizations. Grants a sales and use tax exemption to tax-exempt nonprofit civic and community service foundations organized exclusively to provide donations to religious, charitable, scientific and educational entities. The bill also provides an exemption for nonprofit associations formed exclusively to (i) promote the Commonwealth's biotechnology industry; (ii) expand the knowledge and expertise of the Commonwealth's businesses concerning biotechnology through seminars, forums, educational publications and other means; (iii) enhance public awareness of the biotechnology industry in Virginia and the scientific, economic and other benefits it provides; and (iv) represent the interests of the biotechnology industry in the Commonwealth before federal, state and local legislators and regulators, as well as other individuals and organizations. The Circuit City Foundation and the Virginia Biotechnology Association will benefit from these exemptions. Incorporated in HB 131. Patron - Cantor HB170 Local cigarette tax; statewide for localities. Allows all counties, cities and towns to impose a local cigarette tax. Any county currently imposing the tax may increase the cigarette tax rate by up to 10 cents per pack, while any county not currently imposing the tax may impose it at a rate not to exceed 10 cents. Patron - Darner HB171 Sales and use tax; repeal of tax on certain food. Eliminates the sales and use tax on food purchased for preparation and consumption away from the place of purchase. Beginning on July 1, 1999, the tax is reduced to 3.5 percent and continues to be reduced by 1.0 percent annually (except in the last year, the reduction is by .5%) until it is totally eliminated on July 1, 2003. It also requires the Commonwealth, the Transportation Trust Fund and the localities to share the reduction in revenue due to the changes in the tax rate on a proportional basis. Patron - Darner HB172 Sales and use tax; watercraft and airplanes. Increases the sales and use tax on watercraft and airplanes from two percent to four and one-half percent. The maximum tax ($2,000) on watercraft is eliminated. There is a technical amendment. Patron - Darner HB181 Property tax exemption; Equine Rescue League Foundation. Grants a property tax exemption to the Equine Rescue League Foundation for property it owns in Loudoun County. Incorporated in HB 240. Patron - May HB182 Property tax exemption; Breakthrough, Inc. Exempts the property of Breakthrough, Inc., from local property taxes in Loudoun County. Incorporated in HB 240. Patron - May HB183 Sales and use tax exemption; little league baseball. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for any civic youth organization located in the Commonwealth which solely promotes community little league-type baseball or softball. Incorporated in HB 131. Patron - O'Brien HB187 Income tax; Virginia taxable income of residents. Increases from $800 to $1,000 the deduction for each personal exemption allowed individuals in computing Virginia taxable income for taxable years beginning on and after January 1, 1999. Patron - Hamilton HB191 Property tax exemption; Good Shepherd Housing Foundation. Exempts from local taxation property owned by the Good Shepherd Housing Foundation located in Prince William County. Incorporated in HB 240. Patron - Rollison HB192 Sales and use tax exemption; little league baseball. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for any civic youth organization located in the Commonwealth which solely promotes community little league-type baseball or softball. Incorporated in HB 131. Patron - Albo HB193 Sales and use tax exemption; PTA's. Extends the sunset date from June 30, 1998, to June 30, 1999, for parent-teacher organizations' sales and use tax exemption. Incorporated in HB 131. Patron - Reid HB195 Property tax exemption; Eastern Prince William Sports Club. Grants a property tax exemption to the Eastern Prince William Sports Club, a religious, charitable and benevolent organization, for property it owns in Prince William County. Incorporated in HB 240. Patron - Rollison HB196 Sales and use tax exemption; Virginia Rehabilitation Center for the Blind Volunteer Council and Hanover Domestic Violence Task Force, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service (i) organizations created exclusively to provide support for the Virginia Rehabilitation Center for the Blind and those citizens of the Commonwealth receiving services from the Center and (ii) corporations created exclusively to provide services to families affected by domestic violence. Incorporated in HB 131. Patron - Hargrove HB197 Sales and use tax exemptions; Hanover Association for Retarded Citizens, Inc. and Hanover Arts and Activities Center. Provides a sales and use tax exemption from July 1, 1998, through June 30, 1999, for a nonprofit, tax-exempt organization which improves the lives of persons with mental retardation through services and education. It also exempts from the sales and use tax from July 1, 1998, through June 30, 2004, a nonprofit, tax-exempt organization which provides opportunities for cultural enrichment, educational ventures, and personal growth. Incorporated in HB 131. Patron - Hargrove HB200 Sales and use tax exemption; Mosby Heritage Area. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt organization which promotes the historic, cultural, and natural qualities of a unique region that was once a stage for Civil War activity. Incorporated in HB 131. Patron - May HB206 Sales and use tax exemption; Hampton History Museum Association, Inc. Grants a sales and use tax exemption to a nonprofit, nonstock, tax-exempt corporation which is organized to establish and promote a facility for the collection, maintenance, exhibition and interpretation of the history of a city through a variety of ways. Incorporated in HB 131. Patron - Behm HB207 Sales and use tax exemption; Downtown Hampton Child Development Center. Grants a sales and use tax exemption to a nonprofit tax-exempt corporation, located in the Tidewater region, which is organized to nurture pre-school children of parents who are pursuing self-sufficiency, by providing an affordable, quality-education program. Incorporated in HB 131. Patron - Behm HB212 Property tax exemption; Lee Graham Corporation. Exempts from local taxation certain designated property owned by Lee Graham Corporation located in Fairfax County. Incorporated in HB 240. Patron - Hull HB215 Property tax exemption; Long Branch Swim and Racquet Club, Inc. Exempts from local taxation certain designated property owned by Long Branch Swim and Racquet Club, Inc., located in Fairfax County. Incorporated in HB 240. Patron - Rust HB216 Property tax exemption; Kings Ridge Swim Club, Inc. Exempts from local taxation certain designated property owned by Kings Ridge Swim Club, Inc., located in Fairfax County. Incorporated in HB 240. Patron - Rust HB217 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption to tax-exempt nonprofit civic and community service corporations organized exclusively to provide assistance to residents of the Commonwealth who served or had family members serve in Operation Desert Shield/Storm. The VII Corps Desert Storm Veterans Association, Inc., will benefit from this exemption. Incorporated in HB 131. Patron - Rust HB228 Sales and use tax exemption; The Community Tax Law Project. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service organizations formed exclusively to provide (i) legal and accounting representation free of charge to Virginia citizens whose income is at or below 250 percent of the federal poverty level; (ii) outreach and teaching materials for low-income taxpayers; and (iii) publications, including a quarterly newsletter, about low-income taxation. Incorporated in HB 131. Patron - DeBoer HB229 Property tax exemption; Crossroads Shelter, Inc. Grants a property tax exemption to Crossroads Shelter, Inc., a charitable organization, for property it owns in the Town of Wytheville. Incorporated in HB 240. Patron - Jackson HB234 Property tax exemption; Alpha Phi Alpha Building Foundation. Grants a property tax exemption to Alpha Phi Alpha Building Foundation, a nonprofit charitable and benevolent organization, for property it owns in the City of Hampton. Incorporated in HB 240. Patron - Christian HB237 Property tax exemption; Darvills Community Center. Grants a property tax exemption to Darvills Community Center for real and personal property it owns in Dinwiddie County. Incorporated in HB 240. Patron - DeBoer HB239 Sales and use tax exemption; Jamestown 4-H Educational Center, Inc. Provides a sales and use tax exemption to nonprofit organizations which are organized exclusively to provide youth with camping experience for the purposes of building values and developing skills which will prepare them for adulthood. Incorporated in HB 131. Patron - Grayson HB242 Sales and use tax exemption; James River Association. Provides a sales and use tax exemption to nonprofit organizations which are organized exclusively for the purpose of providing educational opportunities to the citizens of the Commonwealth through publications, seminars, conferences, presentations, displays and activities related to the James River Watershed. The exemption is for purchases of the organization and sales of the organization. Incorporated in HB 131. Patron - Grayson HB243 Sales and use tax exemption; DRIVE SMART Virginia, Inc. Provides a sales and use tax exemption to nonprofit organizations which are organized exclusively for the purpose of reducing traffic fatalities and injuries on Virginia's roadways by working with traffic safety advocates in the development of strategies and programs to meet its mission. Incorporated in HB 131. Patron - Grayson HB245 Sales and use tax exemption; Martinsville Uptown Revitalization Association. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt organization which promotes the central business district of a city. Incorporated in HB 131. Patron - Day HB249 Sales and use tax exemption; nonprofit civic and community service organizations. Extends the expiration date of the existing sales tax exemption for organizations providing supervised housing and residential support services to low-income, mentally and physically disabled individuals, such as the Robert E. Rose Memorial Foundation, from June 30, 1998, to June 30, 1999. Incorporated in HB 131. Patron - Sherwood HB252 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases of a nonprofit corporations organized exclusively to foster and encourage the development of 4-H youth and adults in cooperation with the Extension Division of Virginia Polytechnic Institute and State University and such other local, county, state and federal agencies, civic groups, business concerns, and individuals that participate in the development of 4-H youth and adults through community programs and services. Incorporated in HB 131. Patron - Katzen HB253 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption to organizations which are organized exclusively for the purpose of rendering mutual aid to sick, disabled and needy members and their families; promoting social and intellectual activities among its members and their families; and promoting and conducting educational, charitable, religious, social welfare and public relief work. The Columbians, Inc., would be among the beneficiaries of the exemption. Incorporated in HB 131. Patron - Katzen HB256 Property tax exemptions; Newport News Link, Inc. and Yoder Preservation Trust, Inc. Grants property tax exemptions to Newport News Link, Inc., and Yoder Preservation Trust, Inc., for property each of them owns in Newport News. Incorporated in HB 240. Patron - Diamonstein HB257 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption to tax-exempt nonprofit civic and community service corporations organized exclusively to promote, develop, and maintain a comprehensive program for the education, prevention, treatment, rehabilitation and aftercare to alcoholics and other drug abusers. The Serenity House Substance Abuse Recovery Program, Inc., will benefit from this exemption. Incorporated in HB 131. Patron - Diamonstein HB270 Property tax exemption; Kilmarnock Museum, Inc., Habitat for Humanity, Inc., and Northumberland County Community Center, Inc. Exempts the property of (i) Kilmarnock Museum, Inc., from local property taxes in Lancaster County, (ii) Habitat for Humanity, Inc., from local property taxes in Lancaster and Northumberland Counties, and (iii) Northumberland County Community Center, Inc., from local property taxes in Northumberland County. Incorporated in HB 240. Patron - Murphy HB274 Property tax exemption: Jewish Foundation for Group Homes. Exempts the property of the Jewish Foundation for Group Homes from local property taxes in Fairfax County. Incorporated in HB 240. Patron - Plum HB280 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt nonprofit civic and community service organizations formed exclusively to provide emergency care for abused children, runaway children and homeless children. The Alternative House will benefit from this exemption. Incorporated in HB 131. Patron - Devolites HB282 Sales and use tax exemption; Alzheimer's Association. Grants a sales and use tax exemption to a nonprofit tax-exempt organization which provides support and assistance to victims of Alzheimer's disease, their families, and friends and communities; facilitates community education; and supports research into prevention. Incorporated in HB 131. Patron - Van Yahres HB283 Sales and use tax exemption; little league baseball organizations. Grants a sales and use tax exemption to a nonprofit, all-volunteer tax-exempt organization which promotes, organizes and administers little league baseball for children. Incorporated in HB 131. Patron - Van Yahres HB294 Property tax exemption; Danville Regional Health System. Grants a property tax exemption to the Danville Regional Health System, a charitable organization, for property it owns in the City of Danville. Incorporated in HB 240. Patron - Clement HB301 Property tax exemption; The Community Theatre of the Virginia Peninsula. Exempts from taxation certain designated property of The Community Theatre of the Virginia Peninsula located in the City of Newport News. Incorporated in HB 240. Patron - Diamonstein HB305 Sales and use tax exemptions; Downtown Promoters, Inc. Grants a sales and use tax exemption to a nonprofit, nonstock tax-exempt corporation which organizes public block parties in the downtown area of a city, with the profits donated to charities. Incorporated in HB 131. Patron - Behm HB312 Property tax exemption; The Court House Players, Inc. Exempts property of The Court House Players, Inc., located in Mathews County from taxation. Incorporated in HB 240. Patron - Bloxom HB322 Sales and use tax; Agape Gospel Mission, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a nonprofit organization which performs outreach missionary work in West Africa. Incorporated in HB 131. Patron - Woodrum HB328 Property tax exemption; The Rosewell Foundation, Inc. Provides a property tax exemption for property located in Gloucester County and owned by the Rosewell Foundation, Inc., a nonprofit charitable and benevolent corporation. Incorporated in HB 240. Patron - Morgan HB329 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption to tax-exempt nonprofit civic and community service organizations organized exclusively to provide a means for citizens of the Commonwealth to work together to protect the Chesapeake Bay through education and to provide the public and policy makers with information related to Chesapeake Bay restoration efforts. The bill also grants a sales and use tax exemption to tax-exempt nonprofit civic and community service organizations which are organized primarily to raise money to fund summer study scholarships to a British university for Richmond area high school teachers and rising college seniors attending Virginia colleges. The Alliance for the Chesapeake Bay and the Richmond Branch of the English-Speaking Union of the United States will benefit from these exemptions. Incorporated in HB 131. Patron - Rhodes HB330 Property tax exemption; Francis Makemie Society. Grants a property tax exemption for the Francis Makemie Society for property it owns in Accomac County. Patron - Bloxom HB331 Property tax exemption; The Roanoke Foundation for Downtown, Inc. Grants a property tax exemption to The Roanoke Foundation for Downtown, Inc., a nonprofit cultural, educational and historical corporation, for property it owns in the City of Roanoke. Incorporated in HB 240. Patron - Woodrum HB332 Sales and use tax exemption; Smith Mountain Lake 4-H Educational Center, Inc. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a tax-exempt nonprofit organization which fosters and encourages youth development in cooperation with the Virginia Cooperative Extension and other local, state and federal agencies, groups, businesses and individuals in the Twelfth Planning District. Incorporated in HB 131. Patron - Woodrum HB337 Property tax exemption; Beth Sholom Home of Eastern Virginia. Exempts the property of the Beth Sholom Home of Eastern Virginia from local property taxes in the City of Virginia Beach. Patron - Robinson HB350 Property tax exemption; Foodbank of Southeastern Virginia, Inc. Exempts property of Foodbank of Southeastern Virginia, Inc., located in the City of Norfolk, from taxation. Incorporated in HB 240. Patron - Moss HB362 Sales and use tax; Harrisonburg Soccer Association. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a nonprofit tax-exempt organization which promotes sportsmanship, team spirit, fair play, etc. among youth through a community soccer program. Incorporated in HB 131. Patron - Weatherholtz HB363 Sales and use tax exemption; Roberta Webb Child Care Center, Inc. Grants a sales and use tax exemption for purchases of a nonprofit corporation organized to provide daily child care for preschool children of low-income families. Incorporated in HB 131. Patron - Weatherholtz HB366 Income tax; state forests check-off. Creates the State Forests System Fund and allows taxpayers receiving a refund to designate all or part of it as a contribution to such fund for the development and implementation of conservation and education initiatives in the state forests system. Patron - Weatherholtz HB379 Individual income tax withholding. Defers the effective date of additional individual income tax withholding allowances from January 1, 1999, until January 1, 2001. Patron - Parrish HB393 Sales and use tax exemption; National Industries for the Blind. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to a nonprofit, tax-exempt organization which enhances opportunities for economic and personal independence of blind persons. Incorporated in HB 131. Patron - Moran HB399 Sales and use tax exemption; little league baseball. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for any civic youth organization located in the Commonwealth which solely promotes community little league-type baseball or softball. Incorporated in HB 131. Patron - Phillips HB403 Property tax exemptions for elderly and disabled persons. Allows the governing bodies of Fairfax County and adjacent localities; Chesapeake, Leesburg, Manassas, Manassas Park, Portsmouth, Suffolk, and Virginia Beach; and Chesterfield, Fauquier, Henrico and Stafford Counties to raise the maximum income and net financial worth limitations for eligibility under local real property tax exemption or deferral programs and personal property tax rate reduction programs. The income limits are increased from $40,000 to $60,000 and the net financial worth limits are increased from $150,000 to $200,000. Patron - Mims HB407 Sales and use tax exemption; certain medical supplies. Eliminates the sunset date, thereby making the exemption permanent, for certain medical supplies purchased by a Medicaid recipient through a Department of Medical Assistance Services provider agreement. Also, the same technical changes due to the recodification of Title 15.1 are included. Patron - Bryant HB408 Sales and use tax exemption; certain medical supplies. Extends the sunset date from June 30, 1998, to June 30, 2003, for certain medical supplies purchased by a Medicaid recipient through a Department of Medical Assistance Services provider agreement. The bill also makes technical changes regarding Title 15.2. This bill is incorporated into HB 131. Patron - Bryant HB430 Sales and use tax exemption; Virginia Waterfront International Arts Festival. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, to tax-exempt cultural organizations formed exclusively to (i) present internationally acclaimed artists in the Commonwealth, (ii) showcase art excellence from the Commonwealth to others, and (iii) increase the appreciation of the arts among school children. Incorporated in HB 131. Patron - Jones, J.C. HB474 Sales and use tax; disposition of revenues. Provides for a different distribution for the portions of the Commonwealth Mass Transit Fund which are designated for Metro and pertains only to the Northern Virginia Transportation Commission localities. Ten percent of the funds shall be credited to certain localities based on population. The remaining funds are apportioned according to an already existing formula based on capital and operating costs and capital and operating subsidies. Such costs and subsidies include those associated with the Washington Metropolitan Area Transit Authority (WMATA), the local bus systems, and the local share of expenses related to the Virginia Railway Express. From each locality's allocated share of funds, the localities' shares of payments for WMATA rail transit bonds shall be paid first. Patron - Rust HB484 Local income taxes. Allows counties and cities to impose a local income tax at the rate of one percent in addition to the applicable state income tax rate with a reduction in the local real estate tax or tangible personal property tax rate to offset the amount of local income tax revenues collected. The bill also eliminates the five-year expiration of authority to levy the tax. Patron - Van Yahres HB499 Motor vehicle fuel sales tax; distribution within Northern Virginia Transportation District. Requires the two percent regional sales tax on motor fuels to be credited to the cities and counties in the Northern Virginia Transportation District based on point of sale. Patron - Callahan HB546 Lottery revenues; return to localities. Provides that a percentage of lottery revenues will be returned to the localities in shares proportionate to the school age population of each locality and that the funds must be used for public school capital projects. Patron - Howell HB548 Sales tax; distribution of certain revenues. Requires the distribution of certain sales tax revenues generated from transient occupancy and meal sales in Petersburg, defined by population brackets, back to that city. The money is to be used for debt service on sports facilities. This distribution of the sales tax will last from July 1, 1998, through June 30, 2028. Patron - DeBoer HB550 Enterprise zone real property investment tax credit. Adds a requirement to the definition of "qualified zone resident" that the trade or business within the zone must not have been previously conducted elsewhere in the Commonwealth by such resident. Patron - DeBoer HB559 Lottery revenues; school construction project. Provides that lottery revenues will be placed in a school construction account in the Literary Fund and used to make matching grants to local school boards for school construction projects. In order to receive a matching grant, the chairman of the local school board must certify that the school board will spend at least an equal amount of its own funds. A single matching grant is limited to $3,000,000. VPSA will receive applications for and make the grants. Patron - Rhodes HB578 Lottery; distribution of state lottery profits. Requires that net lottery profits be distributed to localities for transportation and education purposes. Such funds shall supplement other sums appropriated by the General Assembly for such purposes. Patron - Purkey HB719 Local taxes; filing dates. Clarifies that localities may continue to bill twice annually for personal property taxes. The bill also incorporates the provisions of the Personal Property Tax Relief Act of 1988. Patron - Reid HB751 Income tax; tax credit for caregivers. Provides a $500 tax credit to taxpayers with Virginia adjusted gross incomes between $5,000 and $50,000 who provide unreimbursed care to a physically or mentally impaired relative who required assistance with two or more activities of daily living during more than half the year. The credit will be available for taxable years beginning on and after January 1, 1999. Patron - Hall HB772 Sales and use tax; repeal of tax on certain food. Eliminates the sales and use tax on food purchased for preparation and consumption away from the place of purchase, effective July 1, 1999. Patron - Hamilton HB773 Gross receipts taxation of telephone and telegraph companies; deductions. Adds two deductions to the enumeration of deductions permitted when calculating telephone and telegraph companies' gross receipts taxation: (i) revenue from wholesale charges received from a telephone company which is holding a certificate of public convenience and necessity from the State Corporation Commission or from a telephone utility company providing interstate communications service and (ii) revenue received from any service or offering which has been preemptively deregulated by the Federal Communications Commission. Patron - Parrish HB788 Meals tax assessments. Permits local tax officials to make a statutory assessment for failure to report and pay meals tax. Patron - Phillips HB796 Property tax exemption; Roberta Webb Child Care Center, Inc. Grants a tax exemption to the Roberta Webb Child Care Center, Inc., a nonprofit charitable corporation, for property it owns which is located in the City of Harrisonburg. Incorporated in HB 240. Patron - Weatherholtz HB797 Property tax exemption; Belle Grove, Inc. Grants a property tax exemption to Belle Grove, Inc., a nonprofit charitable and benevolent corporation, for property it owns in Shenandoah County. Incorporated in HB 240. Patron - Guest HB853 Local taxes; county food and beverage tax. Provides that beverages may be subject to the "meals tax" when served without a meal. Patron - Morgan HB860 Property tax reduction. Requires localities to reduce the real estate tax rate, personal property tax rate or both when there is funding for the personal property tax relief program and an appropriation is made from the general fund to each locality. Such appropriation will be made on a per capita basis beginning in fiscal year 1999. Each locality must submit a plan to the Secretary of Finance for approval explaining how the rates will be lowered. Once approved, the funds will be dispersed by the State Treasurer. Once the tax relief program is fully funded, appropriations shall increase or decrease annually in accordance with revenue growth. Patron - Rhodes HB919 Income tax; tax credit for caregivers. Provides a $500 tax credit to taxpayers with adjusted gross incomes between $5,000 and $50,000 who provide unreimbursed care to a physically or mentally impaired relative who required assistance with two or more activities of daily living during more than half the year. The credit will be available for taxable years beginning on and after January 1, 1999. Patron - Darner HB923 Virginia taxpayer relief. Increases the standard deduction for determining Virginia taxable income from $5,000 for married filers ($2,500 for married filing separately) and $3,000 for single filers to $8,000 for married ($4,000 for married filing separately) and $5,000 for single filers. This change would be effective for taxable years beginning on and after January 1, 1998. It also reduces the sales tax on certain food items to 2.5 percent, effective July 1, 1998. Patron - Cranwell HB1061 School Nurse Incentive Grants Program and Fund; cigarette tax increase. Establishes the School Nurse Incentive Grants Program and Fund, to be administered by the Board of Education, to be disbursed to award matching grants to school boards to employ, or contract with local health departments for, nursing services to achieve the ratio of at least one nurse per 750 students in the relevant school division. The Board shall establish criteria for making grants from the Fund, including procedures for determining amounts of grants and the required local match, which shall be calculated on the basis of the composite index of local ability to pay. The Board may issue guidelines governing the Program. The bill also doubles the cigarette tax from one and one-quarter mills to two and one-half mills per cigarette. The revenues collected from the increase shall be deposited into the School Nurse Incentive Grants Fund for use in the Program. Patron - Plum HB1062 Personal Property Tax Relief Act of 1998. Requires the Commonwealth to pay, directly to taxpayers for tax year 1998 and to localities for tax years 1999 and thereafter, a percentage of the reimbursable amount of any passenger car, motorcycle, and pickup or panel truck that is owned or leased by a natural person and used for non-business purposes. The reimbursable amount is the value of the qualifying vehicle multiplied by the locality's effective tax rate on January 1, 1997. The percentage of the reimbursable amount is 15 percent in tax year 1998; 30 percent in tax year 1999; 50 percent in tax year 2000; 70 percent in tax year 2001; and 100 percent in tax years 2002 and thereafter. The percentages will not increase as scheduled if anticipated general fund revenues decline as compared to general fund revenues appropriated for the fiscal year. The Department of Motor Vehicles will promulgate guidelines on or before July 1, 1998, and update them triennially thereafter, for use by localities. Personal property tax bills for tax year 1999 and thereafter will state the amount that the Commonwealth will reimburse to the locality, and taxpayers will receive a deduction for this amount. Patron - Callahan HB1095 Lottery; distribution of state lottery profits. Requires that lottery profits be distributed to localities for public safety, transportation, and education purposes. Such funds shall be in addition to other sums appropriated by the General Assembly for such purposes. Patron - Katzen HB1140 BPOL tax; operating without a business license. Allows the treasurer to file for an injunction to stop the operation of a business which does not have a local business license. Patron - Phillips HB1161 Income tax; indexing the personal exemption amount. Requires the $800 personal exemption be indexed annually according to the prior federal government's fiscal year CPI-U for taxable years beginning January 1, 2000. Patron - McClure HB1198 Fuels tax. Changes the procedures for collecting and remitting fuels taxes and rewrites the fuels tax laws. Motor fuels tax is imposed at the point fuel is removed from a terminal. Licensed suppliers holding an inventory position in motor fuel in a terminal are required to remit the tax to the Department of Motor Vehicles (DMV) by the fifth day of the second month following the removal. Currently, fuel tax payments are remitted to DMV by dealers and jobbers. Licensed distributors removing fuel from a terminal and certain importers shall not be required to pay the tax to the licensed supplier until the date the supplier is required to pay the tax to DMV. A licensed supplier acts as trustee for tax payments received. Out-of-state suppliers of imported fuel may act as trustee and remit taxes to DMV; otherwise, the tax must be remitted by a licensed importer. Refiners, terminal operators, bonded importers and suppliers must post a $2 million bond. Other businesses must post a bond for three times their average monthly liability, up to $300,000. Licensees may be required to file tax returns electronically. Suppliers and bonded importers are required to remit tax payments by electronic funds transfer. Suppliers are provided a collection allowance of 0.1 percent, up to $5,000 per month. Distributors and certain importers are provided an allowance of 0.5 percent, with no cap, in lieu of the current collection allowance. The measure includes special provisions relating to taxes on alternative fuels. A floorstocks tax is imposed on fuel held in storage on the effective date of the act. The felonies listed in the act are felonies under the existing fuels tax laws. Other violations of the fuel tax laws are punishable with civil penalties or as misdemeanors. The measure takes effect January 1, 1999. Patron - Rollison HB1213 Income tax; taxable income of Virginia residents serving in the military. Allows a subtraction in an amount not to exceed $3,000 annually for active and reserve duty Air Force, Army, Coast Guard, Navy and Marines personnel with the ranks of captain and below. Patron - Ingram HB1229 Tangible personal property tax relief program. Provides a method of returning funds to localities for personal property tax relief if the 1998-2000 budget bill passes with provisions for a personal property tax relief program. Patron - Tate HB1346 Exemption from corporate income tax. Exempts corporations with $5 million or less in gross receipts and $50,000 or less in Virginia taxable income for taxable years beginning on and after January 1, 1999, from the corporate income tax. Tax returns must still be filed by such corporations. Patron - Diamonstein HB1347 Child care income tax credit. Provides a tax credit for individual taxpayers who incur eligible child care expenditures for dependent children under age 13. The credit is not available to taxpayers with incomes exceeding $150,000. The maximum amount of the credit for one child is $600, and for two or more children is $1,200. The percentage of the credit is based on the taxpayer's highest marginal income tax rate. For a taxpayer with a Virginia taxable income of $28,000 or less, the percentage of the credit is twice his highest marginal income tax rate; for a taxpayer whose income exceeds $60,000, the percentage is equal to his highest marginal income tax rate. Patron - Diamonstein HB1395 Tangible personal property tax relief program. Provides a method of returning funds to localities for personal property tax relief if the 1998-2000 Budget Bill passes with provisions for a personal property tax relief program. Each locality may elect to participate in the tax relief program. Patron - Joannou HB1417 Property tax exemption; Boykins Baptist Church. Grants a property tax exemption to the Boykins Baptist Church for property it owns, which is located in Southampton County, but does not use for worship or as a residence for its minister. Incorporated in HB 240. Patron - Councill HB1418 Property tax exemption: Zulekia Court Number 35, L.O.S.N.A. Exempts the property of Zulekia Court Number 35, L.O.S.N.A. from local property taxes in the City of Chesapeake. Incorporated in HB 240. Patron - Jones, J.C. SB4 Accelerated payments for participants in federal retiree settlement programs. Requires the final installment of federal retiree settlement payments to be made on March 31, 1998. Under the existing Harper settlement legislation, the payments are to be made in annual installments through March 31, 1999. This measure has an emergency clause, and will take effect upon passage of both this measure and an amendment to the 1997-1998 Appropriation Act appropriating funds to make the final payments to participating taxpayers on March 31, 1998. Patron - Schrock SB6 Property tax exemption; Virginia Congress of Parents and Teachers. Exempts property of Virginia Congress of Parents and Teachers located in Henrico County from taxation effective January 1, 1998. Incorporated in SB 5. Patron - Stosch SB12 Property tax exemption; Shen-Paco Industries, Inc. Exempts real property of Shen-Paco Industries, Inc., located in Page County, from taxation. Incorporated in SB 5. Patron - Miller, K.G. SB27 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by any nonprofit organization exempt from federal income taxation which is organized primarily for the purpose of raising funds for the purchase of equipment, uniforms, and supplies for members of the baseball and softball teams of a high school within the boundaries of the Second Planning District. Tazewell Baseball Boosters, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Reasor SB28 Sales and use tax exemption; little league baseball. Grants a sales and use tax exemption from July 1, 1998, through June 30, 2004, for any civic youth organization located in the Twenty-third Planning District which solely promotes community little league-type baseball or softball. This bill is incorporated into HB 131. Patron - Quayle SB35 Retaliatory tax credit. Provides certain insurance companies headquartered in Virginia with a credit against their Virginia gross premium tax liability in an amount equal to the retaliatory costs incurred. To be eligible for the tax credit, a company must increase the number of permanent full-time employees by at least 325 during (i) calendar year 1997 or (ii) any taxable year beginning on or after January 1, 2001. Members of an affiliated insurance group will be counted as one company for purposes of determining the amount of expenditures and number of employees. Excess credits of up to $800,000 in any year are refundable. Unused credits may be carried forward for five years. Patron - Stosch SB42 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases of a nonprofit corporation organized exclusively to foster and encourage the development of 4-H youth and adults in cooperation with the Extension Division of Virginia Polytechnic Institute and State University and such other local, county, state and federal agencies, civic groups, business concerns, and individuals that participate in the development of 4-H youth and adults through community programs and services. Northern Virginia 4-H Educational Center, Inc., would be a beneficiary of this exemption. This bill is incorporated into HB 131. Patron - Potts SB43 Property tax exemption: Robert E. Rose Memorial Foundation, Inc. Exempts the property of Robert E. Rose Memorial Foundation, Inc., from local property taxes in Frederick County. Incorporated in SB 5. Patron - Potts SB44 Property tax exemption; Shalom Et Benedictus. Exempts personal property of Shalom Et Benedictus located in Frederick County from taxation. Incorporated in SB 5. Patron - Potts SB45 Sales and use tax exemption; nonprofit civic and community service organizations. Extends the expiration date of the existing sales tax exemption for organizations providing supervised housing and residential support services to low-income, mentally and physically disabled individuals, such as the Robert E. Rose Memorial Foundation, from June 30, 1998, to June 30, 1999. This measure is incorporated into HB 131. Patron - Potts SB51 Property tax exemption: Zulekia Court Number 35, L.O.S.N.A. Exempts the property of Zulekia Court Number 35, L.O.S.N.A. from local property taxes in the City of Chesapeake. Incorporated in SB 5. Patron - Quayle SB57 Earned-income credit. Allows a refundable earned-income credit for individuals in the amount of 10 percent of the federal earned-income credit. The credit will be available for taxable years beginning on and after January 1, 1999. Patron - Quayle SB60 Property tax exemption; Riverfront Management Corporation. Exempts the leasehold interest of Riverfront Management Corporation in any real property located in the City of Richmond, leased to it by the City of Richmond, and used by it exclusively for benevolent, cultural, historical, or public park and playground purposes, from property tax. Incorporated in SB 5. Patron - Lambert SB63 Sales and use tax exemption; nonprofit civic and community service organizations. Provides a sales and use tax exemption from July 1, 1998, through June 30, 2003, for tangible personal property purchased by a nonprofit corporation operated exclusively by volunteers to provide recreational activities for the youth of any county located within the boundaries of the Seventeenth Planning District. Youth Club of Lancaster County, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Chichester SB66 Individual income tax withholding. Defers the effective date of additional individual income tax withholding allowances from January 1, 1999, until January 1, 2001. Patron - Chichester SB69 Tax credit for vehicles emissions testing equipment. Makes certified motor vehicle emissions testing equipment located in a locality adjacent to a locality with an enhanced vehicle emissions testing program eligible for a tax credit equal to 20 percent of the purchase or lease price of the equipment. The tax credit currently is available only for equipment located within a county, city or town which is required to implement an enhanced testing program. The effective date of the bill is January 1, 1998. Patron - Houck SB73 Sales and use tax exemption; media-related exemption for donated books (Von Holtzbrinck Publishing). From July 1, 1998, through June 30, 2002, provides a sales and use tax exemption for textbooks from inventory at book-publishing distribution facilities for free distribution to professors and other individuals who have an educational focus. This bill is incorporated into HB 131. Patron - Houck SB74 Property tax exemption; Sophia House, Inc. Exempts real property of Sophia House, Inc., located in Louisa County from taxation. Incorporated in SB 5. Patron - Houck SB75 Property tax exemption; Hospice Support Care, Inc. Exempts real and personal property of Hospice Support Care, Inc., located in the City of Fredericksburg, from taxation. Incorporated in SB 5. Patron - Houck SB76 Sales and use tax exemptions; nonprofit civic and community service exemptions. Extends the expiration date of the existing sales tax exemption for United Way organizations from June 30, 1998, to June 30, 1999. This measure is incorporated into HB 131. Patron - Walker SB77 Sales and use tax exemptions; nonprofit civic and community service exemptions. Extends the expiration date of the existing sales tax exemption for organizations such as Family Services of Tidewater from June 30, 1998, to June 30, 1999. This measure is incorporated into HB 131. Patron - Walker SB78 Sales and use tax exemptions; extending all sunset dates. Extends all expiring sunset dates for medical-related organizations and nonprofit civic and community service organizations from July 1, 1998, to July 1, 1999. The bill also allows the General Assembly to consider sales and use tax extension legislation during sessions in odd-numbered years. The bill also contains several technical amendments. This bill is incorporated into HB 131. Patron - Walker SB79 Sales and use tax exemptions; nonprofit civic and community service exemptions. Extends the expiration date of the existing sales tax exemption for Goodwill Industries organizations in the Hampton Roads area from June 30, 1998, to June 30, 1999. This measure is incorporated into HB 131. Patron - Walker SB83 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation organized for the purpose of fostering economic development and which receives funding from the Department of Business Assistance, the U.S. Small Business Administration, and local governments. The Dr. William E. S. Flory Small Business Center would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Colgan SB84 Sales and use tax exemption; medical-related exemptions. Extends the existing sales and use tax exemption for purchases by any nonprofit charitable tax-exempt organization which provides long-distance, advanced life-support, air ambulance services for low-income medical patients in the Commonwealth. The exemption is extended until July 1, 1999. Mercy Medical Airlift would be a beneficiary of this measure. This measure is incorporated into HB 131. Patron - Colgan SB85 Sales and use tax exemptions; nonprofit civic and community service exemptions. Extends until June 30, 1999, the expiration date of the existing sales tax exemption for any nonprofit, tax-exempt corporation organized for the purpose of operating a summer camp for disadvantaged children ages nine through 12 without charge to the attendees or their families, such as the Virginia Elks Youth Camp, Inc. This measure is incorporated into HB 131. Patron - Colgan SB91 Property tax exemption; Audubon Naturalist Society of the Central Atlantic States, Inc. Exempts certain designated property owned by Audubon Naturalist Society of the Central Atlantic States, Inc., located in Fairfax County, from local taxation. Incorporated in SB 5. Patron - Howell SB92 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt volunteer organization organized for the purpose of promoting conservation of marine resources and coastal wildlife through education and volunteer projects, including but not limited to conducting seminars for dive clubs and publishing a newsletter. Oceanwatch would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Howell SB93 Sales and use tax exemption; educational exemptions. Grants a sales and use tax exemption for purchases by any nonprofit organization exempt from federal income taxation which is organized for the purposes of (i) developing a pool of data processing professionals who will share their knowledge and business expertise with members of the organization and other members of the community who are evaluating information technology for ongoing endeavors; (ii) sponsoring high school computer competitions, community computer training camps, and free data processing workshops and classes; and (iii) providing college scholarships to computer competition team members. Black Data Processing Associates of Richmond, Virginia, Metropolitan Area Chapter, would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Marsh SB96 Sales and use tax exemptions; area agencies on aging. Makes permanent the sales and use tax exemption for tangible personal property purchased for use or consumption by area agencies on aging. This exemption was enacted by the 1997 Session and is scheduled to expire on July 1, 1998. There are some technical amendments. Patron - Edwards SB97 Sales and use tax exemptions; governmental and nonprofit civic and community service exemptions. Exempts sales made by the Virginia Veterans Care Center Board of Trustees at the canteen in the Center from tax. The measure also expands the existing sales tax exemption for Goodwill Industries organizations in the Hampton Roads area to include similar organizations in the Fifth Planning District. A sales tax exemption is created for tax-exempt nonprofit organizations established for the purpose of facilitating the provision of affordable housing opportunities for low-income and moderate-income families within the boundaries of the Fifth Planning District. Roanoke Valley Housing Corporation would be a beneficiary of this exemption. This bill is incorporated into HB 131. Patron - Edwards SB98 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt organization which fosters, sponsors, and promotes physical education, athletic programs, and contests for youths in the Fifth Planning District. Roanoke's Inner City Athletic Association would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Edwards SB103 BPOL tax on employee leasing firms. Exempts from the gross receipts subject to the BPOL tax any amounts received by an employee leasing firm for the purpose of paying the salary and other expenses of employees leased by such firm to its client. Patron - Edwards SB104 Personal property tax exemption; The Avenel Foundation and The National D-Day Memorial Foundation. Grants property tax exemptions to The Avenel Foundation and The National D-Day Memorial Foundation for property each nonprofit organization owns in the City of Bedford County. Incorporated in SB 5. Patron - Newman SB110 Property tax exemption; STEPS, Inc. Exempts personal property consisting of machinery and vehicles owned by STEPS, Inc., located in Lunenburg County, from taxation. Patron - Holland SB114 Sales and use tax exemption; medical-related exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation which owns and operates an out-patient medical facility where radiation therapy services are provided to cancer patients and offers educational programs about cancer as well as free cancer screenings. Williamsburg Radiation Therapy Center, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Norment SB115 Property tax exemption; Williamsburg Land Conservancy. Grants a property tax exemption to the Conservancy for its real and personal property located in James City County and used by the organization for benevolent purposes. Incorporated in SB 5. Patron - Norment SB116 Sales and use tax exemptions; Operation Blessing. Extends the expiration date for the sales and use tax exemptions for Operation Blessing International Relief and Development Corp. from June 30, 1998, to June 30, 1999. This measure is incorporated into HB 131. Patron - Forbes SB117 Sales and use tax exemption; nonprofit cultural exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt organization organized for the purpose of operating, managing, and promoting a museum dedicated to recording, preserving, and providing information relating to the history of a city located in the Hampton Roads area. Chesapeake's Museum and Information Center, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Forbes SB118 Property tax exemption; Beth Sholom Home of Eastern Virginia. Exempts property owned by Beth Sholom Home of Eastern Virginia, located in the City of Virginia Beach, from taxation effective January 1, 1998. Incorporated in SB 5. Patron - Forbes SB128 Property tax exemption; Lend-A-Paw Relief Organization. Exempts from local taxation certain designated property owned by Lend-A-Paw Relief Organization located in Fairfax County. Incorporated in SB 5. Patron - Woods SB138 Use valuation of real estate. Eliminates the requirement that the assessing official, in valuing real estate enrolled in land use taxation, consider the recommendations of value of such real estate made by the State Land Evaluation Advisory Council. His consideration of the SLEAC's recommendations regarding the value of such property will be optional. Patron - Reynolds SB145 Sales and use tax exemption; nonprofit cultural exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt organization organized for the purpose of promoting public interest in Virginia's cultural, historical, and scientific heritage by conducting education and training for museum staff and volunteers by providing resources and support for Virginia's museums and historic sites. The Virginia Association of Museums would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Lambert SB146 Property tax exemption; the Jewish Foundation for Group Homes, Inc. Exempts from local taxation certain designated property owned by the Jewish Foundation for Group Homes, Inc., located in Fairfax County. Incorporated in SB 5. Patron - Howell SB147 Property tax exemption; Gainesville Ruritan Club. Grants a property tax exemption to Gainesville Ruritan Club for property it owns in Prince William County. Incorporated in SB 5. Patron - Colgan SB148 Property tax exemption; Northern Virginia Family Services. Exempts from local taxation property owned by Northern Virginia Family Services located in Prince William County. Incorporated in SB 5. Patron - Colgan SB160 Nonprofit civic and community service sales and use tax exemptions. Extends the expiration date for sales and use tax exemptions for nonprofit civic and community service organizations from June 30, 1998, to June 30, 2008. Patron - Ticer SB161 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by any nonprofit corporation exempt from taxation under § 501 (c) (3) of the internal Revenue Code which is organized for the purpose of operating a 24-hour, seven-day per week telephone hotline providing confidential listening, crisis intervention and referral services since 1969. The Northern Virginia Hotline, Inc., would be a beneficiary of this exemption. This bill is incorporated into HB 131. Patron - Ticer SB162 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation which is organized for the purposes of educating and training young people throughout the world about the environment and the protection thereof. Earth Force, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Ticer SB163 Sales and use tax exemption; medical exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt Virginia corporation organized for the purposes of developing a coordinated citizens' voluntary movement to work toward improved care and treatment of persons affected with kidney disease, and improving methods and services in research, prevention, detection, diagnosis and treatment of kidney disease and disorders. The National Kidney Foundation of Virginia, Inc., would be a beneficiary of the exemption. This bill is incorporated into HB 131. Patron - Stosch SB188 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by any nonprofit organization exempt from federal income taxation which is organized for the purpose of providing treatment to individuals suffering from the effects of substance abuse and their families, regardless of economic status, and which has provided such services for 30 or more years. Vanguard Services Unlimited would be a beneficiary of this exemption. This bill is incorporated into HB 131. Patron - Whipple SB200 Sales and use tax exemption; miscellaneous exemptions. Extends until June 30, 1999, the existing sales and use tax exemption for little league baseball and softball organizations within the Cumberland Plateau Planning District. This measure is incorporated into HB 131. Patron - Reasor SB203 Sales and use tax exemptions; nonprofit civic and community service exemptions. Makes permanent the existing sales tax exemption for tangible personal property purchased by local area agencies on the aging. The exemption is scheduled to expire June 30, 1998. Patron - Hanger SB204 Sales and use tax exemptions; nonprofit civic and community service organizations. Makes permanent the sales and use tax exemption for tangible personal property purchased for use or consumption, or sold, by organizations providing support services to Al-Anon family groups and to families and friends of alcoholics within the Commonwealth. Al-Anon Service Center of Northern Virginia would be among the beneficiaries of the exemption. This exemption was enacted by the 1997 Session and is scheduled to expire on July 1, 1998. Patron - Saslaw SB219 Income tax; deduction for first $15,000 of military basic pay. For taxable years beginning on or after January 1, 1998, allows a deduction of $15,000 from income tax for military basic pay with such amount being reduced dollar-for-dollar when the taxpayer's military basic pay exceeds $15,000 and no deduction allowed if such basic pay equals or exceeds $30,000. Patron - Marsh SB259 Historic rehabilitation tax credit. Allows the tax credit for the rehabilitation of certified historic structures to be claimed against the bank franchise tax, the license tax on insurance companies, and the license tax on certain regulated utility companies. Currently, the tax credit may only be claimed against individual, estate and trust, and corporate income taxes. Patron - Miller, K.G. SB268 Income tax deduction; obligations of the Virginia Higher Education Tuition Trust Fund. Establishes an individual income tax deduction for the amount paid for a prepaid tuition contract entered into with the Virginia Higher Education Tuition Trust Fund, not to exceed $2,000 per contract in any taxable year. Unused portions of the deduction may be carried forward until the purchase price has been fully deducted. The deduction may be taken beginning in taxable years beginning on and after January 1, 1998, for contracts purchased between January 1, 1996, and January 1, 1998. The measure also requires the Governor to include in the budget bill a sum sufficient appropriation for the purpose of ensuring that the Fund can meet its current obligations for the payment of contract benefits or other obligations, the maintenance of the Fund, and operating expenses for the current biennium. Patron - Lambert SB278 Sales and use tax; disposition of revenues. Provides for a different distribution for the portions of the Commonwealth Mass Transit Fund which are designated for Metro and pertains only to the Northern Virginia Transportation Commission localities. Ten percent of the funds shall be credited to certain localities based on population. The remaining funds are apportioned according to an already existing formula based on capital and operating costs and capital and operating subsidies. Such costs and subsidies include those associated with the Washington Metropolitan Area Transit Authority (WMATA), the local bus systems, and the local share of expenses related to the Virginia Railway Express. From each locality's allocated share of funds, the localities' shares of payments for WMATA rail transit bonds shall be paid first. Patron - Woods SB283 Income tax deduction for fast tolls. Allows an individual income tax deduction for fast toll system payments. Patron - Howell SB311 Tax exemption for certified solar energy and recycling property. Allows taxpayers to deduct the amount of the tax exemption for certified solar energy equipment and certified recycling equipment, facilities, or devices from the machinery and tools tax due on such property. Currently, the amount of the tax exemption must be deducted from the real property tax due on the real estate to which the equipment, facilities, or devices are attached. Local governments are authorized to exempt or partially exempt such property from property tax. Patron - Holland SB312 Tax credits for machinery and equipment for processing recyclable materials. Establishes a corporate income tax credit equal to 10 percent of the purchase price paid in any taxable year for machinery and equipment used in facilities which manufacture items of personal property from recyclable materials. If the corporation has made a $350 million investment in the Commonwealth, the amount of the credit allowed in any taxable year is capped at 60 percent of the taxpayer's tax liability, and unused credits may be carried forward for 20 years. This credit is available to corporations making such an investment between January 1, 1998, and January 1, 2003. A corporation is not eligible for both this tax credit and the existing tax credit for purchases of machinery and equipment used in facilities which manufacture items of personal property from recyclable materials. The existing tax credit, which is limited to 40 percent of the taxpayer's tax liability and has a 10-year carry-forward, is renumbered in the Code. Patron - Holland SB323 Motor vehicle fuel sales tax; distribution within Northern Virginia Transportation District. Requires the two percent regional sales tax on motor fuels to be credited to the cities and counties in the Northern Virginia Transportation District based on point of sale. Patron - Saslaw SB375 Income tax deduction for tolls. Allows an individual income tax deduction for amounts paid for use of any highway in the Commonwealth. The deduction applies only to tokens and electronic toll collection payments, as evidenced by receipts. Patron - Martin SB376 Individual income tax; standard deduction and personal exemption amounts. Increases the amount of the standard deduction from $3,000 to $3,600 for single individuals and from $5,000 to $6,000 for married persons filing a joint return (or $3,000 if filing a separate return), and increases the personal exemption amount from $800 to $1,000, for taxable years beginning on and after January 1, 1999. For taxable years beginning on and after January 1, 2000, the standard deduction and personal exemption amounts will be indexed for inflation. Patron - Martin SB386 Income tax; tax credit for caregivers. Provides a $500 tax credit to taxpayers with adjusted gross income between $5,000 and $50,000 who provide unreimbursed care to a physically or mentally impaired relative who required assistance with two or more activities of daily living during more than half the year. The credit will be available for taxable years beginning on and after January 1, 1999. Patron - Walker SB400 Virginia individual income tax. Raises over a four-year period the threshold for liability for the Virginia individual income tax to the amounts below which single taxpayers and married couples are generally exempt from filing a federal income tax return. For single persons, the threshold is increased from $5,000 to $5,500 for taxable years beginning in 1998, $6,000 for taxable years beginning in 1999, $6,500 for taxable years beginning in 2000, and thereafter to the total of the corresponding federal standard deduction and personal exemption amounts, which for taxable year 1997 was $6,800. For an individual and spouse, the threshold is increased from $8,000 to $9,000 for taxable years beginning in 1998, $10,000 for taxable years beginning in 1999, $11,000 for taxable years beginning in 2000, and thereafter to the total of their corresponding federal standard deduction and personal exemptions, which for taxable year 1997 was $12,200. If a married individual files a separate return, the threshold amount is one-half of the amount for married couples filing a joint return. The federal standard deduction and federal exemption amounts are indexed annually for inflation. Patron - Maxwell SB439 Personal Property Tax Relief Act of 1998. Provides personal property tax relief for qualifying vehicles beginning in 1998 with 12.5 percent of the tax due being paid by the state to each locality on behalf of the taxpayers. That amount increases to 27.5 percent in 1999; 47.5 percent in 2000; 70 percent in 2001; and 100 percent in 2002 and thereafter. In 1998, any vehicle with a value of $1,000 or less will not pay any tax. The bill also includes a school construction program to be partially funded with lottery profits and the rest with a $350 million bond issue. The percent of lottery profits dedicated to school construction beginning in 1999 would be up to 7.5 percent and gradually increasing to 66.6 percent in 2007 and thereafter. Distributions would be matching grants and would be based on composite index and growth. Finally, there is a shipyard grant program which requires an appropriation of $8 million for 1999 and future benefits subject to appropriation. If appropriated, the total shipyard grant program could cost $98 million. Patron - Chichester SB496 Distribution of sales tax revenue. Entitles the City of Petersburg, defined by population brackets, to the revenue from two percent of the state's 3.5 percent sales and use tax generated from sales of meals and transient occupancy within the city. The entitlement to the revenue shall continue for 30 years. The revenue from this portion of the state sales tax shall be used to pay debt service on the construction of sports facilities. Patron - Marsh SB497 Enterprise zone tax credit. Disqualifies an owner or tenant of real property conducting a trade or business in an enterprise zone from receiving a tax credit for investments to real property within the enterprise zone if the owner or tenant previously conducted his trade or business elsewhere in the Commonwealth. Patron - Marsh SB517 Virginia taxable income of Medal of Honor recipients. Provides that the military retirement pay of a veteran who has received the Medal of Honor will be subtracted from his federal adjusted gross income in determining his Virginia taxable income. Patron - Walker SB518 Virginia taxable income; deduction for qualified charitable contributions. Creates an income deduction for 50 percent of the amount of a taxpayer's charitable contributions in excess of $500 in any taxable year. The deduction is not available if the taxpayer has itemized deductions on his federal income tax return. Contributions are deductible only if the donation or gift would qualify as a charitable contribution under the Internal Revenue Code. Patron - Walker SB519 Credits for income tax paid to other states. Provides an income tax credit to Virginia residents for income taxes paid to another state on income derived from sources outside the Commonwealth, regardless of the character of the income. Currently, such a credit is allowed only for income tax paid to another state on earned or business income or gains on the sale of a primary residence in certain circumstances. Patron - Walker SB533 Individual income tax on capital gains. Allows individuals, in determining their Virginia taxable income, to subtract from their federal adjusted gross income the portion of a gain from the sale or exchange of property that is attributable to inflation. The subtraction applies only to property that has been held for any part of three or more calendar years, and does not apply to inventory. The amount of gain that is attributable to inflation is determined by multiplying the adjusted basis for such property by the change in the consumer price index from the year the property was acquired to the year preceding the sale or exchange. The measure is effective for taxable years beginning on and after January 1, 1999. Patron - Miller, K.G. SB534 Transient occupancy and food and beverage taxes. Authorizes all localities to impose a transient occupancy tax of up to 5.5 percent and a food and beverage tax of up to 5.5 percent. Counties now authorized to charge transient occupancy rates of greater than two percent may continue to do so, subject to the same restrictions on the use of the proceeds from the tax in excess of two percent that are currently in effect. The requirement that counties approve a food and beverage tax at referendum is repealed. If a city levied a meals tax or transient occupancy tax at a rate exceeding 5.5 percent on January 1, 1998, it may maintain such higher rate. Localities may require the Department of Taxation to collect the local food and beverage and transient occupancy taxes. Patron - Miller, K.G. SB535 Income tax deduction for low-income taxpayers. Establishes a deduction to be used in calculating a taxpayer's Virginia taxable income. The amount of the deduction is equal to the total of the standard deduction amount and twice the personal exemption amount, which total is reduced by twice the amount by which the taxpayer's Virginia adjusted gross income exceeds $11,000. Patron - Miller, K.G. SB564 Earned-income tax credit. Allows a refundable earned-income credit for individuals whose annual income does not exceed $19,000. The amount of the credit is equal to a percentage of their federal earned-income credit. For individuals earning $11,000 or less, the credit is 10 percent of the federal earned-income credit. As an individual's income increases by increments of $1,000, the amount of the state credit declines by one percent of the federal credit amount, with individuals having an income between $18,000 and $19,000 receiving a credit of two percent of the amount of the federal credit. The credit will be available for taxable years beginning on and after January 1, 1998. Patron - Walker SB565 Cigarette taxes. Increases the state cigarette tax from 2.5 cents per pack to 15 cents per pack. Ten cents per pack of the 12.5 cent-per-pack tax increase is distributed among localities based on point of sale, and the remaining 2.5 cents per pack of the tax increase is distributed among those localities which had a local cigarette tax rate on January 1, 1998, that exceeded 10 cents per pack. The local cigarette tax is repealed. The bill's provisions of this bill will become effective on January 1, 1999. Patron - Miller, K.G. SB569 Enterprise Zone Act tax credits. Increases the total amount of business tax credits and real property investment tax credits available to small qualified business firms and small qualified zone residents from $5 million to $16 million. The amount of such credits available to large qualified business firms and large qualified zone residents remains at $3 million. The measure also reduces the criteria for designation as a large qualified business firm from making an investment of $25 million resulting in the creation of at least 100 permanent full-time positions to making an investment of $15 million resulting in the creation of at least 50 permanent full-time positions. Qualified business firms not designated as large qualified business firms are designated as small qualified business firms. Small qualified business firms are allowed an income tax credit equal to 80 percent of tax liability in the first year and 60 percent in each of the following nine years. The amount of the income tax credit received by large qualified business firms is determined by negotiation between the Department of Housing and Community Development and the firm, not to exceed the amounts available to a small qualified business firm. This measure was incorporated into HB 984. Patron - Stosch SB638 Earned income tax credit. Provides a $300 credit to individuals whose Virginia AGI does not exceed the maximum family Virginia AGI for each eligible child. An eligible child is one the taxpayer claims as a dependent and is 17 years of age or younger. The maximum family Virginia AGI for 1998 ranges from $11,000 for two persons in a family to $23,000 for six people. For each year thereafter the maximum family Virginia AGI shall increase three percent above the preceding year. The amount of the credit shall not exceed the taxpayer's Virginia income tax liability. The bill allows a refundable credit for individuals whose earned income does not exceed $19,000. The amount of the credit is equal to a percentage of their federal earned-income credit. For individuals earning $11,000 or less, the credit is 10 percent of the federal credit. As an individual's income increases by increments of $1,000, the amount of the state credit declines by one percent of the federal credit amount, with individuals having an income between $18,000 and $19,000 receiving a credit of two percent of the amount of the federal credit. The credit will be available for taxable years beginning on and after January 1, 2000. The measure will not become effective unless the Department of Health and Human Services determines that the tax credit qualifies under the Commonwealth's TANF Plan. Patron - Gartlan SB706 Shipbuilding industry tax credit. Creates a credit against employee income tax withholding payments for contributions by a qualified shipbuilder for a certified carrier platform integration center. A qualified shipbuilder is a corporation that employs more than 10,000 persons in Virginia and invests at least $50 million in a shipbuilding facility in Virginia in the preceding year. The credit may be taken against withholding taxes on wages earned between July 1, 1998, and December 31, 2003. The credits shall not exceed $30 million in any year and $140 million in the aggregate. Patron - Stolle SB717 Local taxes; filing dates. Clarifies that localities may continue to bill twice annually for personal property taxes. Patron - Hawkins Carried Over HB82 Virginia taxable income of residents. Effective for taxable years beginning on and after January 1, 1998, a deduction in the amount of $6,000 is provided for taxpayers who are permanently and totally disabled as defined in § 58.1-3217. Patron - Cranwell HB112 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by a nonprofit national organization which is exempt from federal income taxation, which has its headquarters within the Commonwealth, and of which an organization organized for the purpose of promoting and supporting conservation and environmental issues throughout the Commonwealth, and which has a sales and use tax exemption, is an affiliate. The National Wildlife Foundation would be a beneficiary of the exemption. Patron - Sherwood HB146 Income tax; deduction for members of volunteer rescue squads and fire departments. Allows an additional $1,000 deduction for members of volunteer rescue squads and volunteer fire departments who currently serve and have served in such capacity for the preceding three years. The provision is effective for taxable years beginning on and after January 1, 1999. Patron - Abbitt HB194 Employees with disabilities tax credit. Provides a two-year tax credit to an employer equal to 20 percent of the first $6,000 in wages paid annually to an otherwise qualified employee with a disability. The credit applies to employees who have completed or are completing rehabilitative services from the Department of Rehabilitative Services, the Department for the Visually Handicapped or the U. S. Department of Veterans' Affairs. Individuals will be certified to the Department of Taxation by the Department of Rehabilitative Services. The credit will be available for taxable years beginning on and after January 1, 1999, and will end December 31, 2002. Patron - Reid HB199 Sales and use tax exemption; professional photographers' camera film. Grants a sales and use tax exemption from July 1, 1998, through June 30, 1999, for camera film purchased and used by professional photographers in the production of photographs or other prints for sale to (i) public elementary and secondary schools, (ii) public universities and colleges, (iii) nonprofit private elementary and secondary schools, and (iv) nonprofit private universities and colleges. Patron - Marshall HB204 Sales and use tax exemptions; commercial and industrial. Grants a sales and use tax exemption for certain equipment, materials and software used directly in the production of commercial awards, and textile embroidery and by the recognition, identification and engraving industries. Patron - Scott HB293 Sales and use tax exemption; Danville Regional Health System. Grants a sales and use tax exemption, from July 1, 1998, through June 30, 1999, to a nonprofit tax-exempt organization which provides patient care, medical education, medical research and other health care related activities. Patron - Clement HB297 Tax credits; charitable donations. Provides a tax credit, not to exceed $500, for any individual, corporation, or trust or estate that makes charitable donations exceeding $3,000 in a tax year. The credit is equal to 50 cents for each dollar donated above $3,000. Patron - McClure HB323 Retail sales and use tax; telecommunications exemptions. Expands the sales tax exemption for telecommunications companies to cover all tangible personal property used in the conduct of its telecommunications business, except office equipment, office furniture or motor vehicles. Currently the exemption applies only to tangible personal property used directly in the rendition of the public service. Patron - Cranwell HB326 Income tax; credit for political contributions. Grants a tax credit to individuals who make contributions to candidates for state or local political office of 50 percent of the amount of the contribution, subject to a $25 limit for individuals and a $50 limit for married taxpayers. The credit will be effective for taxable years beginning on and after January 1, 1999. Patron - Dillard HB340 County taxing authority. Grants counties the same taxing authority as municipalities under § 15.2-1104 of the Uniform Charter Powers Act, including the authority to raise annually by taxes and assessments on property, persons and other subjects of taxation, which are not prohibited by law, such sums of money as in the judgment of the county are necessary to pay the debts, defray the expenses, accomplish the purposes and perform the functions of the county, in such manner as the county deems necessary or expedient. Patron - Davies HB342 Local taxes; liability. Makes any corporate or partnership officer who willfully fail to pay or account for any local tax assessed against his business personal liable for the tax. Liability for local taxes is currently limited to local admission tax, transient occupancy tax, food and beverage tax and daily rental tax. Patron - Griffith HB353 Motor vehicle sales and use tax; fraudulent valuation; penalties. Provides that any person who falsely states the value of a motor vehicle, and such false statement results in an evasion of the motor vehicle sales and use tax in an amount less than $200, is guilty of a Class 1 misdemeanor. Any person who makes a false statement resulting in a tax evasion of $200 or more is guilty of a Class 6 felony. The penalty for falsely stating the value of a motor vehicle, regardless of whether tax is evaded, remains a Class 3 misdemeanor. Patron - Weatherholtz HB505 Income tax deduction for fast tolls. Allows an individual income tax deduction for fast toll system payments. Patron - Plum HB515 Income tax; information regarding personal exemptions. Requires resident individual taxpayers, beginning January 1, 1999, to include the name, social security number and birth date for each individual for whom the taxpayer is allowed a personal exemption for federal income tax purposes. The bill also allows the Tax Commissioner to provide such information to any local school superintendent who makes a written request for the information relating to individuals living in the applicable school division. Patron - Cranwell HB551 Enterprise zone designations. Allows the approval of an additional noncontiguous zone area in each affected jurisdiction, when an enterprise zone lies in two adjacent counties, two adjacent cities or in a county and city which are adjacent. Patron - DeBoer HB609 Income tax deduction for fast toll system payments. Allows an individual income tax deduction for an amount properly deducted from an individual's user account at a fast toll system, as evidenced by receipts. The deduction applies to any fast toll system in Virginia where toll payments are automatically deducted from the motorist's user account by means of a transponder or other vehicle identification system. Patron - Davis HB633 Neighborhood Assistance Act tax credit. Establishes a minimum credit under the Neighborhood Assistance Act of $45 for any business making a donation to a program in a county, city or town with a population no greater than 35,000. This would apply to taxable years beginning on and after January 1, 1999. Patron - Davies HB680 Income tax; subtraction for first $15,000 of military basic pay. For taxable years beginning on or after January 1, 1999, allows a subtraction of $15,000 from income tax for military basic pay with such amount being reduced dollar-for-dollar when the taxpayer's military basic pay exceeds $15,000 and no deduction allowed if such basic pay equals or exceeds $30,000. Patron - Cox HB753 Severance tax; natural gases. Permits counties and cities to impose a severance tax on the removal of natural gases in an amount of up to two percent of gross receipts and requires that such tax revenues be spent on the development of rural water systems. This is in addition to all other taxes that may be imposed on the severance of coal and natural gases. Patron - Stump HB921 Corporate income tax; exemptions and exclusions. Exempts from the imposition of the state corporate income tax corporations owing $50,000 or less in corporate income tax beginning on and after January 1, 1998. Tax returns must still be filed with the Tax Commissioner. Patron - Cranwell HB980 Educational economic enhancement credit. Provides a $1,000 credit to individuals between the ages of 19 and 65 who obtain a GED during the tax year if the individual can document, through his employer, that he has obtained a job or a promotion as a result of obtaining the GED. The bill also grants a credit to any employer of $1,000 for each employee who receives a GED while employed in a full-time position. Neither of the credits is refundable. Patron - Kilgore HB989 Business income tax; floor exemption. Provides an exemption from income tax for businesses that have less than $100,000 of taxable income in the calendar year 1998, $200,000 in calendar year 1999, $300,000 in calendar year 2000, $400,000 in calendar year 2001, and $500,000 in calendar year 2002 and thereafter. Patron - McEachin HB1120 Credit for taxes paid to other states. Extends the state income tax credit for taxes paid on income to other states to include recognized capital gain on the sale of any capital asset, excluding assets based in a trade or business, to the extent such gain is included in federal adjusted gross income. Current law limits the credit to any earned income or business income or gain on the sale of a principal residence. Effective for taxable years beginning on and after January 1, 1998. Patron - Behm HB1131 Enterprise zone designation. Provides that one of the remaining undesignated enterprise zones shall be designated for the county or counties of the Southwest region of the Commonwealth having the highest unemployment rate. Patron - Phillips HB1194 BPOL tax; out-of-state contractors. Requires any contractor without a definite place of business to be subject to the license tax or fee imposed by a locality when the amount of the business done there exceeds or will exceed $25,000 for the license year. Patron - Ingram HB1252 Sales tax rate increase. Provides for an increase of one-half of one percent in sales and use tax to be dedicated to school construction if approved by referendum. Patron - Barlow HB1257 Income tax; day-care facility investment tax credit. Removes the $100,000 limit for credits approved in any fiscal year. Patron - Baskerville HB1332 Income tax; calculating Virginia taxable income when children's unearned income included. Allows taxpayers when calculating their Virginia taxable income to subtract their children's unearned income when reported for on the taxpayer's federal income tax return. The subtraction will be allowed for taxable years beginning on and after January 1, 1998. Patron - Rhodes HB1348 Shipbuilding industry tax credit. Creates two credits against employee income tax withholding payments for contributions by a qualified shipbuilder for a certified carrier platform integration center. A qualified shipbuilder is a corporation that employs more than 10,000 persons in Virginia and invests at least $30 million in a shipbuilding facility in Virginia in the year preceding the first year a credit is claimed, $35 million in the year preceding the second year a credit is claimed, and $50 million for further years. The credit may be taken against withholding taxes on wages earned between July 1, 1998, and December 31, 2003. The investment credits shall not exceed $8 million in fiscal year 1999, $30 million in fiscal year 2000, and $20 million in fiscal year 2001. The operations credit shall not exceed $20 million in any fiscal year and $40 million in the aggregate. It is the General Assembly's intent that no additional credit be granted for a period of 10 years to qualified shipbuilders receiving this credit. Patron - Diamonstein HB1363 Additional one percent sales and use tax; repeal local income tax. Repeals the local income tax currently allowed for certain localities in Northern Virginia and replaces it with an additional one percent local sales tax if approved by a majority of voters in a local referendum. The ability to levy the tax expires unless approved in a referendum by December 31, 2000. Patron - Scott HB1370 Additional motor fuels sales tax in certain transportation districts. Allows an additional motor fuels sales tax up to five percent in the Northern Virginia Transportation District or in any transportation district which is subject to § 15.2-4515 C and which is contiguous to the Northern Virginia Transportation District following a majority approval by referendum of the voters in counties and cities comprising at least 80 percent of the district's population. The revenues will be distributed to all localities in the district in proportion to the share of urban or secondary funds received by each locality of the district's total of such funds to be used for transportation and transportation-related services and expenditures of the localities. There are technical amendments also. Patron - Watts HB1406 Definition of foreign source income. Provides that any changes in tax liability resulting from the 1995 amendment to the definition of foreign source income in § 58.1-302 for taxable years beginning on and after January 1, 1990, but before January 1, 1994, shall be reflected in returns filed for taxable year 1998. Patron - Cranwell SB19 Personal property tax; retail sales and use tax rate; lottery proceeds. Exempts passenger vehicles, pickup trucks, motorcycles, and recreational vehicles from the tangible personal property tax. The retail sales and use tax rate is increased by one-half percent, and the additional revenue will be distributed to counties, cities, and towns on a per capita basis. Proceeds from the state lottery will be distributed among counties and cities on the basis of their school-age populations. The measure will take effect on the January 1 following voter approval of a constitutional amendment authorizing the General Assembly to exempt passenger vehicles, pickup trucks, motorcycles, and recreational vehicles from taxation, except the provisions relating to the distribution of lottery proceeds will take effect the following July 1. Patron - Miller, K.G. SB46 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by a nonprofit national organization which is exempt from federal income taxation, which has its headquarters within the Commonwealth, and of which an organization organized for the purpose of promoting and supporting conservation and environmental issues throughout the Commonwealth, and which has a sales and use tax exemption, is an affiliate. The National Wildlife Foundation would be a beneficiary of the exemption. Patron - Potts SB80 Sales and use tax exemption; educational exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation organized for the purposes of assisting disabled persons in receiving employment commensurate with a person's maximum vocational potential, operating a private, nonsectarian school, and promoting the welfare of certain disabled persons. Didlake, Inc., would be a beneficiary of the exemption. Patron - Colgan SB119 Sales and use tax exemption; miscellaneous exemptions. Grants a sales and use tax exemption for purchases by any nonprofit, tax-exempt corporation which is organized for the purposes of encouraging free and democratic institutions throughout the world and fostering international understanding, communication, and cooperation by various means including exchanges between representatives of the Republican Party of the United States and political counterparts and democratic groups abroad. International Republican Institute would be a beneficiary of the exemption. Patron - Forbes SB135 Minimum lot size for land use taxation. Authorizes localities to establish minimum areas for real estate assessed under land use taxation that exceed the current minimum areas of five acres for agricultural or horticultural use and 20 acres for forest use. Localities may now establish minimum areas for parcels used for open space that exceed a minimum of five acres. Patron - Reynolds SB164 Sales and use tax exemption; nonprofit civic and community service exemptions. Grants a sales and use tax exemption to a nonprofit, tax-exempt corporation organized for the purpose of conducting an interdenominational ministry that seeks to present Jesus Christ to persons in the workplace, to encourage the development of their Christian lifestyle and leadership, and to support the local church in marketplace issues. Needle's Eye Ministries, Inc., would be a beneficiary of the exemption. Patron - Stosch SB175 Sales and use tax on food products for home consumption. Reduces the rate of the state sales tax on food products for home consumption from 3.5 percent to (i) 2.5 percent effective July 1, 1998; (ii) 1.5 percent effective July 1, 2000; and (iii) 0.5 percent effective July 1, 2002. The state sales tax on food products for home consumption is repealed commencing July 1, 2004. The local one percent sales tax is not affected. Patron - Marye SB189 Sales and use tax exemption; nonprofit civic and community service organizations. Grants a sales and use tax exemption for purchases by any nonprofit organization exempt from federal income taxation which is organized for the purpose of providing emergency financial and service assistance, through grants, interest-free loans, and the provision of food or other commodities, to members of the United States Navy and Marine Corps and their dependents, widows, and orphans. The Navy-Marine Corps Relief Society would be a beneficiary of this exemption. Patron - Whipple SB489 Exemptions from motor vehicle sales and use tax. Exempts from the motor vehicle sales and use tax a transfer of ownership of a vehicle to the lessee of the vehicle if such person paid the titling tax on the vehicle when he leased the vehicle. Patron - Norment SB491 Child care income tax credit. Provides a tax credit for individual taxpayers who incur eligible child care expenditures for dependent children under age 13. The credit is not available to taxpayers with incomes exceeding $150,000. The maximum amount of the credit for one child is $600, and for two or more children is $1,200. The percentage of the credit is based on the taxpayer's highest marginal income tax rate. For a taxpayer with a Virginia taxable income of $28,000 or less, the percentage of the credit is twice his highest marginal income tax rate; for a taxpayer whose income exceeds $60,000, the percentage is equal to his highest marginal income tax rate. Patron - Howell SB521 Tangible personal property tax, sales and use tax, and motor vehicle sales and use tax rates. Increases the state sales and use tax rate from 3.5 percent to five percent and increases the motor vehicle sales and use tax rate by two percent beginning July 1, 1998. The revenue generated by the rate increases will be distributed to counties, cities, and towns that adopt an ordinance fixing the rate of their tangible personal property tax at one cent per $100 of assessed value. Eligible counties will receive 16.6 percent, eligible cities will receive 12.7 percent, and eligible towns will receive 5.3 percent, of their total local revenue for the fiscal year ending June 30, 1996. If the new sales and titling tax revenues exceed the base amounts payable to the eligible localities, the eligible localities will receive a pro rata share of the surplus. If the new sales and titling tax revenues are less than the base amounts payable to the eligible localities, the distributions will be reduced pro rata. Distributions will be made as soon as practicable after the close of the fiscal year ending June 30, 1999, and subsequent fiscal years. Patron - Colgan SB541 E-911 tax on Internet-access lines. Exempts telephone lines that are dedicated to Internet access, or other data transmission through a modem, from local E-911 tax. Patron - Hanger SB571 Rate of tangible personal property tax on passenger vehicles. Requires the Auditor of Public Accounts to estimate the amount of tangible personal property tax revenue each locality would collect from a portion of the value of passenger vehicles. The budget bill is required to include appropriations to localities for this portion of their tangible personal property tax revenue. Localities are required to reduce the rate of their personal property tax on passenger vehicles by an amount that would generate the revenue earmarked for them in the budget bill. The estimate is based on 25 percent of $20,000 of the value of a passenger vehicle commencing January 1, 1999. Every year thereafter the $20,000 amount is increased by the rate of inflation. The percentage of the amount increases to 50 percent on January 1, 2000; 75 percent on January 1, 2001; and 100 percent on and after January 1, 2002. The measure applies to passenger vehicles, motorcycles, and pickup trucks. Local assessing officials are required to provide the Auditor with information regarding the number and values of vehicles in their jurisdictions so that he can prepare the estimates of the foregone tax revenue. All localities are required to use a tax day of January 1 for tangible personal property and to levy taxes on tangible personal property on a calendar-year basis. Patron - Saslaw SB618 Distribution of local use tax revenue. Requires that use tax revenues assignable to a zip code that serves more than one locality be apportioned on the basis of the populations of the portions of the localities within the zip code area. This applies to local use tax revenue collected from catalog and other out-of-state sales which is not assignable to a particular city or county. Patron - Watkins SB619 Taxation of electric utilities. Eliminates electric utilities from paying the state gross receipts tax, the SCC special assessment tax, and the local gross receipts tax. In place of these taxes, a declining block consumption tax paid by residential, commercial, and industrial users of electric power and a net corporate income tax (part of another bill) paid by certain electric utilities are proposed. These changes are in anticipation of federal deregulation of the electric utility industry. The bill also contains a technical amendment. Patron - Watkins SB620 Taxation of wholesale power suppliers. Provides that wholesale electric power suppliers shall be subject to the corporate tax. This proposed change is in anticipation of federal deregulation of the electric utility industry. Patron - Watkins SB695 Lottery revenues; return to localities. Provides that lottery revenues will be returned to the localities in shares proportionate to the amount of lottery revenue generated by each locality and that the funds must be used for public education. Patron - Mims < PREVIOUS | CONTENTS | NEXT >