SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2007 SESSION

  • | print version

HB 2071 Vehicle Sales and Use Tax; increase for transportation purposes.

Introduced by: Robert H. Brink | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Motor vehicle sales and use tax; increase for transportation purposes. Increases the motor vehicle sales and use tax from 3% to 5% and dedicates the revenue generated for various transportation purposes. The authority to impose the additional tax ceases on December 31 of any year in which any of the additional revenue is not used for transportation purposes. The bill also requires the Department of Transportation to report in each odd year on the condition and needs for maintaining and operating the existing transportation infrastructure for all asset management and maintenance based on an asset management methodology.


FULL TEXT

HISTORY