Senate bill raising local sales tax moves to House
The deadline Tuesday -- "Crossover Day" -- is when the
The bill will slate half of the surcharge proceeds for the Williamsburg Area Destination Marketing Committee and half to be divided among
"This is unusual tax legislation," Norment said. "You're not just discussing increasing the sales tax, you're eliminating three taxes."
He said the model was the surcharge on fuel and sales taxes that
"We decided to stop begging and whining and look to ourselves for help," Norment said.
The new surcharge should raise
Norment's bill, SB 942, passed 27-10.
On Tuesday, the House plowed through nearly 180 bills up for their final vote, and the
Senators approved re-regulating the small loan business while the House put on ice a measure that would let high interest rate Internet lenders operate legally in
The
That re-regulation extends the current cap of 36 percent on installment loans for less than
"I think the only people who'd oppose this are online lenders," said
Unlike licensed consumer finance companies, which make loans for fixed terms of up to 10 years with set monthly installments, Internet lenders charge high rates, often don't bother with credit checks and at times structure credit and charge fees in ways that boost the principal owed.
"These Internet lenders are an entirely different business" than the licensed consumer finance companies that make small installment loans, said the bill's sponsor, state Sen.
The interest rate cap bill, Senate Bill 625, now moves to the House.
Among the bills passing the House and headed for the
The state
"We are pleased the bill has passed the
The
One, Senate Bill 266, would authorize new neo-natal care units in
Another, Senate Bill 844, said managed care companies that want to make money running plans for Medicaid or state employees also have to offer Affordable Care Act coverage to individuals.
A third, Senate Bill 915, proposed a tax on hospitals to provide coverage through Medicaid for more people with serious mental illness, though its sponsor, state Sen.
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