VA SB164 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2010 - 25% progression, died in committee
Action: 2010-02-16 - Senate: Left in Finance
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Revenues of the Commonwealth; transportation funding. Creates additional sources of revenue for transportation by increasing the motor vehicle sales and use tax by one-half percent and the motor vehicle rental tax by one percent, and by imposing a five percent tax on the wholesale price of gasoline. The new revenue sources will be directed to the Rail Enhancement Fund, the Transportation Trust Fund, the Highway Maintenance and Operating Fund for transportation projects and needs of the Commonwealth, and certain priority transportation projects, as designated by the Commonwealth Transportation Board, in Northern Virginia and Hampton Roads. The bill would also eliminate the one-half percent sales tax on food currently going to the Transportation Trust Fund, and would raise the allowed credit for low-income taxpayers.

Tracking Information

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Title

Transportation; source of revenue by increase of motor vehicle sales and use tax.

Sponsors


History

DateChamberAction
2010-02-16 Senate: Left in Finance
2010-01-11 Senate: Referred to Committee on Finance
2010-01-11 Senate: Prefiled and ordered printed; offered 01/13/10 10100473D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
33123.03:1(n/a)See Bill Text
33123.1:01(n/a)See Bill Text
5812288.1(n/a)See Bill Text
5812289(n/a)See Bill Text
5812402(n/a)See Bill Text
5812425(n/a)See Bill Text
581339.8(n/a)See Bill Text
581611.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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