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SB 1456 Motor vehicle fuels; definitions, sales tax in certain transportation districts, price floor.
SUMMARY AS PASSED SENATE: (all summaries)
Motor vehicle fuels sales tax in certain transportation districts; price floor. Places a floor on the 2.1 percent tax imposed on motor vehicle fuels sold in Northern Virginia and Hampton Roads by ensuring that the tax is not imposed on a price that is less than the statewide average wholesale price of gasoline or diesel fuel on February 20, 2013, which is the date used as a floor on the statewide motor vehicle fuels sales tax. This bill incorporates SB 1092.