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2001 SESSION

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HB 701 Motor fuels sales tax in Northern Virginia transportation districts.

Introduced by: Vivian E. Watts | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Additional motor fuels sales tax in certain transportation districts. Allows an additional motor fuels sales tax of up to five percent in the Northern Virginia Transportation District or in any transportation district that is subject to subsection C of § 15.2-4515 of the Code of Virginia and that is contiguous to the Northern Virginia Transportation District, following a majority approval by referendum of the voters in counties and cities comprising at least 80 percent of the district's population. The revenues are to be distributed to all localities in the district in proportion to the share of urban or secondary funds received by each locality of the district's total of such funds and are to be used for transportation and transportation-related services and expenditures of the localities. The bill contains technical amendments.


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