Impact fees; supplemental funding for Northern Virginia to go to NOVA Trans. Auth., report. (HB2496)

Introduced By

Del. Dave Albo (R-Springfield)

Progress

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

Description

Transportation; supplemental funding for Northern Virginia. Permits any city or county that is within the Northern Virginia Transportation Authority ("Authority"), to impose two additional local fees and taxes to go to the Authority, and also have the Authority receive the revenue from three additional state taxes imposed in the region. The bill assures that none of the additional revenues shall be used to calculate or reduce transportation funding or be used to calculate or reduce any other funding to the applicable localities, including funding for education. The bill also repeals the authority for any locality imposing the two additional local fees and taxes to impose a local income tax. The two additional local fees or taxes are (i) a rental car transportation impact fee of 2% and (ii) a transportation impact commercial real property tax of 0.3%. The three additional state regional taxes are (i) a fee of $100 on the initial issuance of a driver's license on residents of Northern Virginia, (ii) a hotel/motel transportation impact fee of 2% for rooms in Northern Virginia, and (iii) a congestion relief fee on the seller for each deed for real estate recorded in Northern Virginia at the rate of $0.40 for each $100 of value. The three state regional taxes are imposed only in those localities that impose the two additional local fees or taxes. The Northern Virginia Transportation Authority shall determine the transportation projects to be funded and shall use the additional revenues for the primary benefit of those counties and cities that are imposing the two new local fees and taxes as follows: 1. Pay any debt service due on bonds issued by the Authority from the additional regional state fees imposed by the bill; 2. The next $50 million received in each fiscal year shall be distributed to the Washington Metropolitan Area Transit Authority (WMATA) to provide funds to the Authority as may be required under federal law for the payment of certain federal funds to WMATA for capital improvements. The Authority shall make such annual distribution from such revenues (i) only to the extent required under federal law for the payment of federal funds to WMATA; (ii) only if the matching federal funds are exclusive of, and in addition to, the amount of other federal funds appropriated to the Commonwealth for transportation; and (iii) only if such other federal funds are in an amount not less than the amount of such funds appropriated to the Commonwealth in the fiscal year ending June 30, 2007. For each year after 2018 this $50 million shall be used for the expansion of Metro or other rail service into Prince William County; 3. The next $30 million received in each fiscal year shall be distributed to the Virginia Railway Express for capital improvements including, but not limited to, construction of parking, dedicated rail on the Fredericksburg line, rolling stock, expanded service to Prince William, and service as may be needed as a result of the Base Realignment and Closure Commission regarding Fort Belvoir. 4. At least 25% of the remaining revenues each year shall be dedicated for use on urban and secondary road construction and improvement. Such funds shall be distributed on a pro rata basis with each locality's share being the total taxes and fees newly authorized in the bill generated or attributable to the locality divided by the total taxes and fees newly authorized in the bill generated or attributable to all localities embraced by the Northern Virginia Transportation Authority; 5. At least 20% of the remaining revenues each year shall be distributed to the localities embraced by the Northern Virginia Transportation Authority on a pro rata basis with each locality's share being the total taxes and fees newly authorized in the bill generated or attributable to the locality divided by the total taxes and fees newly authorized in the bill generated or attributable to all localities embraced by the Northern Virginia Transportation Authority. The revenues distributed shall be used solely for transportation capital improvements and public transportation purposes as determined solely by the applicable locality. None of this revenue may be used to repay debt issued before January 1, 2008. At the request of any county embraced by the Authority, all state secondary road construction funding due such county shall be transferred to such county, provided that the county assumes full responsibility for planning and constructing its secondary roads. Each locality shall provide annually to the Northern Virginia Transportation Authority sufficient documentation as required by the Authority showing that the funds were used as required; 6. Beginning at the time that phase two of the Dulles Rail project is constructed, at least $20 million shall be dedicated annually for the Dulles Rail project; and 7. To construct transportation projects in the localities that are members of the Authority that are imposing the new local fees authorized by the bill, as may be determined by the Authority in consultation with members of the governing bodies of the localities embraced by the Authority, and members of the General Assembly representing any locality embraced by the Authority. Localities that are not imposing the two new local fees authorized by the bill may not participate in determining the services and projects to be funded. The Northern Virginia Transportation Authority is authorized to issue bonds provided that the debt service does not exceed the amount of revenue provided by the three new regional state taxes. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2007Committee
01/09/2007Prefiled and ordered printed; offered 01/10/07 071942204
01/09/2007Referred to Committee on Finance
01/18/2007Assigned Finance sub: #2 (Ware, R.L.)
01/28/2007Impact statement from DPB (HB2496)
02/02/2007Referred to Committee on Appropriations
02/02/2007Committee substitute printed 073488204-H1
02/03/2007Read first time
02/05/2007Read second time
02/05/2007Passed by for the day
02/06/2007Read second time
02/06/2007Constitutional reading dispensed (97-Y 0-N)
02/06/2007Passed by for the day
02/07/2007No further action taken
02/07/2007Failed to pass in House