Friday, November 21, 2008
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SB843: Special Transportation Fund of Northern Virginia; created imposition of additional taxes in certain.

Chief Patron

Sen. Jeannemarie Devolites Davis (R-34)

Jeannemarie Devolites Davis (R-34)
Served: 2004–

Progress

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

Status

Bill is Dead
View Entire History

Summary

Supplemental transportation funding for Northern Virginia.  Increases the state grantor's tax by $0.40 per $100 of value in the Counties of Arlington, Fairfax, Loudoun, and Prince William and the Cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park. The bill would also authorize the governing bodies of such counties and cities to impose a local (i) initial registration fee at the time a vehicle is first registered by the vehicle owner at the rate of 0.50% of the value of the vehicle and (ii) retail sales and use tax at the rate of 0.50%. All revenues from the increase in the state grantor's tax and the local option registration fee and sales tax would be distributed to the Northern Virginia Transportation Authority. The Authority would be required to use each dollar of revenue from the increase in the state grantor's tax for transportation projects in the county or city from which such revenue was generated.

The Authority would use the revenues from the local option taxes for the primary benefit of the counties and cities imposing the local option taxes. The revenues from the local option taxes would be used as follows:

1. The first $50 million in each fiscal year would be distributed to the Washington Metropolitan Area Transit Authority (WMATA) to provide funds to WMATA as may be required under federal law for the payment of certain federal funds to WMATA. The Authority would make the annual distribution to WMATA from such revenues (i) only to the extent required under federal law for the payment of federal funds to WMATA, and (ii) only if the Counties of Arlington and Fairfax and the City of Alexandria are imposing all of the additional local taxes and fees authorized under the bill;

2. The next $25 million received in each fiscal year would be distributed to the Virginia Railway Express for capital projects or operating costs directly relating to transportation by rail, but only if Prince William County is imposing all of the additional local taxes and fees authorized under the bill; and

3. All other revenues would be used for transportation projects for the localities embraced by the Authority as determined by the Authority.

The membership of the Authority would be altered to provide for two additional members from the House of Delegates, one additional member from the Senate, and a mayor from a town within a county that is a member of the Authority.

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Poll Results

3 votes

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Bill Text

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