Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB2997: Motor fuels tax; modifies rates of taxation.

Chief Patron

Del. Jim Scott (D-53)

Jim Scott (D-53)
Merrifield, VA
Served: 1992–

Progress

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

Status

Bill is Dead

View Entire History

Summary

Motor fuels tax.  Modifies the rates of taxation on motor fuels to be the greater of (i) the current specific cents-per-gallon rates or (ii) percentage rates, 7.3% for gasoline and gasohol, and 6.5% for diesel.  The percentage rates would be applied against the average price per gallon of the fuel, less federal and state taxes, as determined by the Commissioner of the Division of Motor Vehicles over rolling six-month periods.

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Bill Text