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2024 Special Session I

Budget Bill - HB6001 (Chapter 2)

Entitlement to Certain Sales Tax Revenues

Item 3-5.24

Item 3-5.24

§3-5.24 ENTITLEMENT TO CERTAIN SALES TAX REVENUES


Notwithstanding § 58.1-608.3 or any other provision of law and for purposes of a municipality entitled to certain sales tax revenues pursuant to § 58.1-608.3, "sales tax revenues" means the revenue generated by the 2.025 percent unrestricted sales and use tax under the Virginia Retail Sales and Use Tax Act (§ 58.1-600 et seq.).