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2007 SESSION

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HB 2434 Supplemental funding; dedicates to primary and secondary road construction.

Introduced by: David B. Albo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Supplemental funding for primary and secondary road construction.  Dedicates to primary and secondary road construction (i) current state recordation tax revenues, pro rata to each highway construction district based on the number of registered vehicles in each district; (ii) newly imposed state fees on drivers who have accumulated more than four net driver demerit points or have been convicted of driving on a suspended or revoked license, reckless or aggressive driving, DUI, or any other misdemeanor or felony involving operation of a motor vehicle, pro rata to each highway construction district based on the number of registered vehicles in each district; (iii) current local vehicle registration fees; and (iv) a newly authorized commercial real property tax in Northern Virginia. The bill is effective July 1, 2008.


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