Motor fuels tax rate increase; allocation of construction funds for primary highway system. (HB230)
Introduced By
Del. Vivian Watts (D-Annandale)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Motor fuels tax; rate increase; allocation of construction funds for primary highway system. Increases the motor fuels tax by $0.10 per gallon, minus $0.01 for each $0.20 that the average price of gasoline exceeds $3.00. The tax will be indexed every two years beginning July 1, 2011, by an amount equal to the percentage change in the U.S. Department of Labor's Producer Price Index for Highway and Street Construction. The revenue generated is used for transportation purposes as required by existing law, and allocates primary system highway construction funds among the nine highway construction districts on the basis of the ratio of vehicle miles traveled on primary highways divided by the lane miles of primary highways in each highway construction district, weighted 90 percent, and a need factor, weighted 10 percent. View Full Text »
