Transportation; additional statewide funding dedicated thereto. (HB5059)

Introduced By

Del. Mark Sickles (D-Alexandria)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Transportation; additional statewide funding. Provides additional funding for transportation purposes statewide by: (i) imposing an additional fee for each conviction as shown on the driving record of certain motor vehicle law offenders; (ii) dedicating to the Transportation Trust Fund 75% of any annual general fund surplus revenues remaining after any required deposits to the Revenue Stabilization Fund and to the Virginia Water Quality Improvement Fund; (iii) by returning to localities an amount equivalent to 10 cents on every $100 of the consideration for each deed or other instrument for which a state recordation tax is imposed to the locality in which it was generated; (iv) increasing the tax rate on diesel fuel from $0.16 to $0.175 (the same as imposed on gasoline), and indexing the tax rates of gasoline and diesel fuel to inflation. Read the Bill »


Bill Has Failed


09/15/2006Presented and ordered printed 061869510
09/15/2006Referred to Committee on Finance
09/25/2006Fiscal impact statement from DPB (HB5059)
09/26/2006Referred from Finance
09/26/2006Referred to Committee for Courts of Justice
09/28/2006Left in Courts of Justice