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2003 SESSION

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HB 2057 Road impact fees.

Introduced by: Mark L. Cole | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Road impact fees. Extends the current sunset clause from July 1, 2003, to July 1, 2004, and caps the maximum road impact fee that a locality can charge at $10,000 or 5 percent of the sale price of each individual home or building within the development, whichever is less. Road impact fee authority currently only applies to the localities of Northern Virginia and Stafford County.


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