Tracking Virginia’s General Assembly
since 2007.
HB2997: Motor fuels tax; modifies rates of taxation.
Chief Patron
Del.
Jim Scott (D-53)
Jim Scott
(D-53)
Merrifield, VA
Served: 1992–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
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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