Virginia Senate Republican Caucus

June 2010

ajohnston's picture

Sen. McWaters Update: New Laws Going into Effect on July 1

Wed, 2010-06-30 20:00 -- ajohnston

Over 900 new pieces of legislation (too many) that were passed during the 2010 General Assembly Session and signed by the Governor go into effect today. As you know, much of our time in Richmond this session was focused on addressing a $4 billion budget shortfall. However, there are a number of interesting pieces of legislation, which will impact all of us. 

Jobs and Economic Development

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Norment News - June 29, 2010

Mon, 2010-06-28 20:00 -- ajohnston

2010 Legislation to be Implemented on Thursday 

As July 1 quickly approaches, the Commonwealth will be faced with the implementation of almost 900 new pieces of legislation that passed during the 2010 legislative session and were signed into law by the Governor.  Although during the 61-day session the focus was largely on addressing a budget shortfall in excess of $4 billion, a number of significant pieces of legislation passed that will have a substantial impact on the lives of the citizens of Virginia.

ajohnston's picture

Sen. McWaters Year-End Fiscal Update - June 18, 2010

Thu, 2010-06-17 20:00 -- ajohnston

Earlier this week, Secretary of Finance Richard Brown released Virginia's Tax Revenue thru May. When compared to last year, May's general fund revenue collections decreased 0.2%, which beat this year's budget of a 2.3% decrease. In addition, Sales and Use Tax collections saw their first back-to-back months of positive growth since November-December 2008. Those increases, paired with March and April's consecutive growth in general fund revenue, bode well for a positive conclusion to the fiscal year 2010 ending in July.