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2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Byron
Virginia Telecommunications Initiative (language only)

Item 106 #14h

Item 106 #14h

Commerce and Trade
Department of Housing and Community Development

Language

Page 89, after line 45, insert:

"4. Twenty-five percent of revenues generated by any new telecommunications sales and use tax placed upon digital streaming shall be directed to fund the Virginia Telecommunications Initiative."



Explanation

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