Virginia House Bill 422 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 7-1)
Status: Introduced on January 10 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Transportation funding and administration. Provides additional funding for transportation by (i) imposing a motor fuels sales tax rate of five percent, phased in over five years, for highway maintenance; (ii) increasing the state sales tax in Northern Virginia by 0.5 percent for transportation projects in Northern Virginia; and (iii) adding an additional recordation tax in Northern Virginia at a rate of $0.40 per $100 valuation. The motor fuels tax is not effective until the unemployment rate in the Commonwealth decreases for four consecutive quarters after July 1, 2011. The bill also reduces the sales and use tax rate on food for human consumption from 1.5 percent to one percent and repeals the authority for certain localities to impose a local income tax. In addition, the bill removes the sunset date from the 2009 Act of Assembly that reduced the special real property tax rate on commercial property in the localities embraced by the Northern Virginia Transportation Authority from $0.25 per $100 of assessed value to $0.125 per $100 of assessed value. Finally, the bill increases the special real property tax rate on commercial property in localities in Hampton Roads from $0.10 per $100 of assessed value to $0.125 per $100 of assessed value.

Transportation; additional funding by imposing and increasing certain taxes.

Del. Robert Brink [D]	Del. Kaye Kory [D]	Del. Kenneth Plum [D]	Del. Thomas Rust [R]
Del. James Scott [D]	Del. Mark Sickles [D]	Sen. Scott Surovell [D]	Del. Vivian Watts [D]

Date	Chamber	Action
2012-02-14		House: Left in Finance
2012-02-01		House: Subcommittee recommends laying on the table by voice vote
2012-01-20		House: Assigned Finance sub: #2
2012-01-10		House: Referred to Committee on Finance
2012-01-10		House: Prefiled and ordered printed; offered 01/11/12 12103112D

Chapter	Article	Section	Citation Type	Statute Text
15	2	4838.01	(n/a)	See Bill Text
15	2	4838.1	(n/a)	See Bill Text
58	1	2291	(n/a)	See Bill Text
58	1	2296	(n/a)	See Bill Text
58	1	300	(n/a)	See Bill Text
58	1	3221.3	(n/a)	See Bill Text
58	1	520	(n/a)	See Bill Text
58	1	540	(n/a)	See Bill Text
58	1	549	(n/a)	See Bill Text
58	1	603.1	(n/a)	See Bill Text
58	1	604.01	(n/a)	See Bill Text
58	1	604.1	(n/a)	See Bill Text
58	1	608.3	(n/a)	See Bill Text
58	1	611.1	(n/a)	See Bill Text
58	1	614	(n/a)	See Bill Text
58	1	802.2	(n/a)	See Bill Text
58	1	811	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB422
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB422+hil