This morning, the House of Delegates Finance Subcommittee #3 tabled three pieces of legislation that would have allowed voters to impose a 1% sales tax to pay for school repairs and construction. This legislation was a priority for VSBA in the 2022 session and passed out of the Senate with overwhelming support.
SB 36 (Norment) Adds Isle of Wight County to the list of localities that, under current law, are authorized to impose an extra one percent local sales tax. Revenue from the tax may be used only for constructing or renovating schools. This bill was Laid on the Table by a 4-3 vote.
SB 298 (Deeds) Adds the City of Charlottesville to the list of localities that, under current law, are authorized to impose an additional local sales and use tax at a rate not to exceed one percent, with the revenue used only for capital projects for the construction or renovation of schools. This bill was Laid on the Table by a 4-3 vote.
SB 472 (McClellan) Allows any county or city to levy a local general retail sales tax and a local use tax at a rate not to exceed one percent as determined by its governing body to provide revenues solely for capital projects for the construction or renovation of schools if such levy is approved in a voter referendum. Under current law, the power to levy such local sales and use taxes for the construction or renovation of schools is limited to the qualifying localities of Charlotte, Gloucester, Halifax, Henry, Mecklenburg, Northampton, Patrick, and Pittsylvania Counties and the City of Danville. This bill was Laid on the Table by 4-3 vote.
