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2005 SESSION

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HB 2160 Hampton Roads Transportation Authority Act; created, reports.

Introduced by: Gary A. Reese | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax and sales and use tax revenue; allocation of certain growth for transportation.  Allocates 20 percent of the annual growth in income tax and sales tax revenue coming from Northern Virginia and Hampton Roads back to those regions for transportation purposes. The Northern Virginia Transportation Authority administers the funds for transportation projects in Northern Virginia. The bill creates the Hampton Roads Transportation Authority to administer the funds for transportation projects in the Hampton Roads area.


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