SIA Helps to Stop Virginian Alarm Tax Proposal
Feb 26, 2009 3:12 PM
The Security Industry Association (SIA) is in agreement with the members of the Virginia legislature who just rejected a proposed new tax on alarm systems.
The state General Assembly had considered a bill (SB 1006 from Sen. Frederick Quayle, R-13th District) that would have required alarm monitoring companies to collect a fee of $2 on each system that they track, with the revenues to be deposited into the state’s Line of Duty Death and Health Benefits Trust Fund. The measure passed the Senate on Feb. 9 but was allowed to die in a subcommittee of the House of Delegates Appropriations Committee on Feb. 20.
SIA strongly opposed the bill, arguing that it would unfairly single out the alarm monitoring industry and require monitoring companies to become state tax collectors. SIA Director of Government Relations Don Erickson testified before the Senate Finance Committee and met with several senators and delegates to urge them to find an alternate source of money for the trust fund.
“This bill would have forced an expensive new burden onto alarm monitoring companies while making security less affordable for Virginia’s residents and businesses,” Erickson said. “Imposing new, unreasonable taxes makes little sense during these trying economic times. We are proud to have helped to stop this misguided proposal.”
SIA worked with the Virginia Burglar and Fire Alarm Association, the National Burglar & Fire Alarm Association and the Central Station Alarm Association in opposing the legislation.
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