Additional local sales and use tax to support schools; referendum.

Summary

The bill permits every county and city in Virginia to levy an additional local sales (and optional use) tax of no more than one percent, but only after a voter referendum approves it. All revenue must be spent on capital projects for building, renovating, or upgrading public schools and related infrastructure. The tax ends when the related bonds are paid off or after a maximum of 20 years, and any extension also requires a new referendum.

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