Home.
About Us.
Event Calendar.
Related Links.
Archive.
Photos.
Contact Us.
FAQ.
NORTHUMBERLAND COUNTY REPUBLICANS
In The Mother County of Virginia’s Beautiful Northern Neck

Authorized and Paid for by the Northumberland County Republican Committee | Privacy Policy

© Copyright 2009 - 2012 Northumberland County Republican Committee

All rights reserved.  Patrick J. O’Brien, Chairman

Delegate Margaret Ransone News

Back Home

Session Update - February 17, 2012

Tuesday, February 14, was “crossover” here in the Virginia General Assembly, the deadline by which all action must be completed on legislation in its house of origin. The House of Delegates has completed its work on bills and resolutions introduced in the House and those that passed have been communicated to the Senate.

This week I presented two of my bills in Senate Committee and both bills have been reported out. Next, they will head to a full vote on the Senate floor. I look forward to hearing the Senate bills in my committees over the next few weeks.

Looking back at the first half of this Session, we have adopted legislation extending the current capital gains tax exemption for start-ups. This will continue to allow our small business job creators to expand investment in science and technology by exempting investment in business start-ups from capital gains taxes. The House also adopted a new small business investor tax credit that willallow an individual income tax credit for investments made in qualified small businesses beginning on January 1, 2013 to improve access to capital.

So far this session, there has been an additional focus on agriculture, Virginia’s largest industry. We have adopted legislation creating a new Agriculture and Forestry Development Fund and will provide $1.0 million each year for it in the biennial budget. This measure recognizes the increased importance of the export market for Virginia’s agriculture products.

While working to pass legislation that will help the Commonwealth of Virginia, we also oppose legislation that might adversely affect citizens in these tough economic times. Several gas tax bills were presented in House Committees. One of these bills would have raised the gas tax by ten cents a gallon. This bill as well as similar ones were defeated. Other proposed tax increase bills that were introduced and subsequently defeated include a reinstated death tax, cigarette tax, watercraft tax, and even a proposed twenty cent tax on plastic bags.

Members of the House and Senate continue their work on the state budget. The House Appropriations Committee has spent the last few weeks hearing concerns from legislators and citizens. They heard that the continuation of the Aid to Locality cuts will create hardships for our local governments as they search for ways to balance their budgets in light of declining real estate values. Moreover, local governments face an increasing burden when funding K-12 education. In the upcoming House budget, we will put forth recommendations to increase funding for our public schools to support classroom instruction and to pay for teacher retirement.

Another important issue is that of the health safety net. The House Appropriations Committee heard that reductions to the health safety net will negatively impact our most vulnerable citizens; and that adequate funding to our hospitals and nursing homes is not only important for the delivery of quality health care to the aged and disabled, but it also recognizes that our health providers are major employers in much of rural Virginia. These issues along with others will be considered during the budget work in the coming weeks.

This week it was great to see the Realtors from the District on Wednesday. Also, on Thursday I had the privilege to speak on the House floor about Charles Bernard Smith. Mr. Smith, a native of Westmoreland County, was a Tuskegee Airman who served in World War II. It is always great when I have the opportunity to highlight the rich history of our District.

On a final note, please be safe this weekend as it looks like we might get some winter weather. Remember to take proper precautions in the event of snow and power outages.

 

As always, I appreciate your visits, phone calls, and emails. Please continue to stay in touch as we move through the 2012 session.  

 

I can be reached in Richmond at 804-698-1099 or delmransone@house.virginia.gov.