Additional local sales and use tax to support schools; referendum. Authorizes all counties and cities 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 if such levy is approved in a voter referendum. The bill removes the requirement that such a tax must have an expiration date on either (i) the date of the repayment of any bonds or loans used for such capital projects or (ii) a date chosen by the governing body. Under current law, only Charlotte, Gloucester, Halifax, Henry, Mecklenburg, Northampton, Patrick, and Pittsylvania Counties and the City of Danville are authorized to impose such a tax. This bill is identical to HB 805.

Statutes affected:
Senate: Prefiled and ordered printed; offered 01/10/24 24100982D: 58.1-602, 58.1-605, 58.1-605.1, 58.1-606.1
Senate: Printed as engrossed 24100982D-E: 58.1-602, 58.1-605, 58.1-605.1, 58.1-606.1
House: Committee substitute printed 24108106D-H1: 58.1-602, 58.1-605, 58.1-605.1, 58.1-606.1
Senate: Bill text as passed Senate and House (SB14ER): 58.1-602, 58.1-605, 58.1-605.1, 58.1-606.1