Retail Sales and Use Tax; sales tax increase on motor fuels in NOVA Transportation District. (SB64)

Introduced By

Sen. Mary Margaret Whipple (D-Arlington)

Progress

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

Description

Sales tax on motor fuels. Increases from 2% to 4% the sales tax on fuels in every county or city situated in the Northern Virginia Transportation District. In the first full fiscal year of the tax increase such counties and cities would be required to reduce their real estate tax rates in order to reduce real estate tax revenues in the following fiscal year by the amount of incremental revenues generated by the sales tax increase. The reduction in real estate tax rates would be required only in the first fiscal year of the sales tax increase. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/05/2006Prefiled and ordered printed; offered 01/11/06 060839844
01/05/2006Referred to Committee on Finance
01/29/2006Fiscal impact statement from TAX (SB64)
02/14/2006Left in Finance (15-Y 0-N)