Transportation funding; repeals motor fuels taxes and increases retail sales and use tax. (SB1366)

Introduced By

Sen. Martin Williams (R-Newport News)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Transportation funding. Repeals Virginia's motor fuels taxes and increases the retail sales and use tax by an additional one percent, with the revenues from the increase deposited into the Transportation Trust Fund. The state and local retail sales and use tax would not apply to motor fuels, with the exception of the two percent sales and use tax on motor fuels in Northern Virginia. The new rate for the combined retail sales and use tax would be six percent. The bill would not affect the amount of the current fee imposed for the Virginia Petroleum Storage Tank Fund. Read the Bill »


Bill Has Failed


01/17/2007Presented and ordered printed 077467848
01/17/2007Referred to Committee on Finance
01/29/2007Impact statement from DPB (SB1366)