Transportation impact fees, statewide; Transportation Board to assess and impose. (HB1666)
Introduced By
Del.
Bob Marshall (R-Manassas)
Bob Marshall
(R-Manassas)
Served: 1992–
Progress
☑ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Statewide transportation impact fees. Provides that the Commonwealth Transportation Board shall assess and impose reasonable impact fees to be collected by the Virginia Department of Transportation on new development or new subdivisions that are situated on an access road which has become, or which is to become, part of the primary system of state highway. Such impact fees shall be used to pay all or a part of the cost of reasonable road improvements that are (i) attributable in substantial part to the new development or new subdivision and (ii) necessary to render that access road which has become, or which is to become, part of the primary system of state highway operable at the Level of Service, as that term is described in the Highway Capacity Manual, that existed as of January 1, 2007. View Full Text »
