Retail Sales & Use Tax; Northern Virginia Transportation Authority authorized to impose. (SB729)

Introduced By

Sen. Dick Saslaw (D-Springfield)

Description

Northern Virginia Transportation Authority; revenues of the Authority. Authorizes the Authority to impose a 0.50 percent retail sales and use tax in the counties and cities embraced by the Authority with the revenues therefrom dedicated to the Authority. The bill provides that if the Authority imposes the retail sales and use tax, then, beginning at such time that the tax is first imposed, the Authority shall no longer be authorized to impose the (i) additional, one-time vehicle registration fee of one percent of the value of the vehicle for vehicles registered in a county or city embraced by the Authority; (ii) five percent sales tax on labor or services charged in the repair of motor vehicles occurring within a county or city embraced by the Authority; or (iii) additional annual $10 vehicle inspection fee for vehicles inspected in a county or city embraced by the Authority. Amends § 58.1-602 (“Definitions.”), § 58.1-604.1 (“(Effective until July 1, 2012) Use tax on motor vehicles, machinery, tools and equipment brought into Virginia for use in performing contracts.”), § 58.1-605 (“To what extent and under what conditions cities and counties may levy local sales taxes; collection thereof by Commonwealth and return of revenue to each city or county entitled thereto.”), § 58.1-606 (“To what extent and under what conditions cities and counties may levy local use tax; collection thereof by Commonwealth and return of revenues to the cities and counties.”), § 58.1-608.3 (“Entitlement to certain sales tax revenues.”), § 58.1-614 (“Vending machine sales.”), § 58.1-639 (“Transitional provisions.”), of the Code of Virginia. View Full Text »

Outcome

Comments

No Richmond Sunlight visitors voted on this bill while voting was open.