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2003 SESSION

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HB 1852 Sales and use tax distribution; transportation.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax distribution; transportation. Returns a portion of the current state sales and use tax revenue generated through sales in certain regions back to those regions for transportation projects that will reduce poor air quality, reduce traffic congestion, and aid the safety of motorists or pedestrians as follows: (i) revenues attributable to a one-half percent rate, up to $50 million annually, for transportation projects in Arlington County, Fairfax County, Loudoun County, Prince William County, the City of Alexandria, the City of Fairfax, the City of Falls Church, the City of Manassas, and the City of Manassas Park; (ii) revenues attributable to a one-half percent rate, up to $50 million annually, for transportation projects in Isle of Wight County, James City County, York County, the City of Chesapeake, the City of Hampton, the City of Newport News, the City of Norfolk, the City of Poquoson, the City of Portsmouth, the City of Suffolk, the City of Virginia Beach, and the City of Williamsburg; and (iii) revenues attributable to a one-half percent rate, up to $20 million annually for transportation projects in Augusta County, Botetourt County, Frederick County, Montgomery County, Pulaski County, Roanoke County, Rockbridge County, Rockingham County, Shenandoah County, Smyth County, Warren County, Washington County, Wythe County, the City of Bristol, the City of Harrisonburg, the City of Radford, the City of Salem, the City of Staunton, and the City of Winchester.


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