Tolls; State Corporation Commission authority to approve or revise rates charged. (HB1140)

Introduced By

Del. Joe May (R-Leesburg)

Progress

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

Description

Provides for a method of toll adjustments, a method of financial oversight of roadway operators, and a method of assessment of the property of roadway operators by the State Corporation Commission under the Virginia Highway Corporation Act and to provide for the establishment of the rate of taxation of such roadway property under the Tax Code of Virginia. Amends § 56-542 (“Powers of the Commission.”), § 58.1-2600 (“Definitions.”), § 58.1-2606 (“Local taxation of real and tangible personal property of public service corporations; other persons.”), § 58.1-2607 (“Local taxation of real and tangible personal property of railroads.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History