Transportation; additional statewide funding dedicated thereto. (HB5059)
Introduced By
Del. Mark Sickles (D-Alexandria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Transportation; additional statewide funding. Provides additional funding for transportation purposes statewide by: (i) imposing an additional fee for each conviction as shown on the driving record of certain motor vehicle law offenders; (ii) dedicating to the Transportation Trust Fund 75% of any annual general fund surplus revenues remaining after any required deposits to the Revenue Stabilization Fund and to the Virginia Water Quality Improvement Fund; (iii) by returning to localities an amount equivalent to 10 cents on every $100 of the consideration for each deed or other instrument for which a state recordation tax is imposed to the locality in which it was generated; (iv) increasing the tax rate on diesel fuel from $0.16 to $0.175 (the same as imposed on gasoline), and indexing the tax rates of gasoline and diesel fuel to inflation. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 09/15/2006 | Presented and ordered printed 061869510 |
| 09/15/2006 | Referred to Committee on Finance |
| 09/25/2006 | Fiscal impact statement from DPB (HB5059) |
| 09/26/2006 | Referred from Finance |
| 09/26/2006 | Referred to Committee for Courts of Justice |
| 09/28/2006 | Left in Courts of Justice |