SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2004 SESSION

  • | print version

HB 428 Motor fuels tax; increased.

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

SUMMARY AS INTRODUCED:

Motor fuel tax. Increases the tax on gasoline, diesel fuel, and alternative fuel by six and one-half cents per gallon, increases the motor carrier road tax by an equivalent of six and one-half cents per gallon of fuel used in the Commonwealth, and increases the alternative use fee for certain motor carriers from $100 to $150 (the fee is an alternative to paying the motor carrier road tax). All motor fuels taxes will be indexed annually beginning January 1, 2005, by an amount equal to the percentage change in the U.S. Department of Labor's Producer Price Index for Highway and Street Construction. The revenue generated is used for transportation purposes as required by existing law.


FULL TEXT

HISTORY