Tracking Virginia’s General Assembly
since 2007.
HB2464: Motor fuels and road taxes; rates and refunds.
Chief Patron
Del.
Danny Marshall (R-14)
Danny Marshall
(R-14)
Danville, VA
Served: 2002–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Motor fuels tax and road tax; rates and refunds. Increases the motor fuels tax rate by $0.05 per gallon from $0.175 to $0.225 for gasoline and from $0.16 to $0.21 for diesel, effective January 1, 2008, and ending February 1, 2009. Effective February 1, 2009, the rates increase an additional $0.05 to $0.275 and $0.26, respectively, if a constitutional amendment making the Transportation Trust Fund a permanent fund is approved by the voters during the 2008 general election. The road tax is maintained at the current additional three cents per gallon. It also provides a $50 refund in 2008 through 2010 to households in which the total income is $25,000 or less annually.
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