Transportation funding; dedication of retail sales and use tax revenues to the Transportation Trust (SB6001)

Introduced By

Sen. Ken Cuccinelli (R-Fairfax)

Progress

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

Description

Transportation funding; dedication of existing retail sales and use tax revenues to the Transportation Trust Fund. Makes a dedication to the Transportation Trust Fund from revenues generated by the existing retail sales and use tax. The revenues generated by a one-half percent retail sales and use tax that are deposited into the general fund under current law would instead be dedicated to the Transportation Trust Fund. The bill would not increase revenues, but would dedicate additional current revenues to the Transportation Trust Fund. The bill would become effective July 1, 2010. Read the Bill »

Status

06/23/2008: Awaiting a Vote in the Finance and Appropriations Committee

History

DateAction
06/23/2008Prefiled and ordered printed; offered 06/23/08 082985216
06/23/2008Referred to Committee on Finance
06/23/2008Impact statement from DPB (SB6001)

Duplicate Bills

The following bills are identical to this one: HB6048.