HB1667: Impact fees; Transportation Board to assess and impose on new developments in Loudoun County.

Chief Patron

Bob Marshall (R-13)
Manassas, VA
Served: 1992–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

Bill is Dead

View Entire History

Summary

Impact fees for Loudoun County. 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 abut, are adjacent to, or are alongside U.S. Route 50 in Loudoun County between U.S. Route 15 and the Fairfax County line. 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 such portion of U.S. Route 50 operable at the Level of Service, as that term is described in the Highway Capacity Manual, that existed as of January 1, 2007. No impact fees shall be assessed or imposed upon a development or subdivision if (i) the subdivider or developer has proffered conditions for off-site road improvements and the proffered conditions have been accepted by the local government or (ii) Loudoun County has assessed and imposed impact fees upon such development or subdivision. View Full Text »