2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Byron
Virginia Telecommunications Initiative (language only)

Item 106 #13h

Item 106 #13h

Commerce and Trade
Department of Housing and Community Development


Page 89, after line 45 insert:

"4. Five percent of revenues generated by any new telecommunications sales and use tax shall be directed to fund the Virginia Telecommunications Initiative."


(This amendment is self-explanatory and is contingent upon passage of any legislation that creates new telecommunications taxes.)