Fuels taxes; annually adjusted. (SB1041)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

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

Description

Fuels taxes; annually adjusted. Adjusts fuels taxes each year on April 1 by the percentage increase in the Corporate Average Fuel Economy (sales volume weighted), Total Fleet (the CAFE) for the immediately preceding calendar year over the CAFE for calendar year 2008. The first adjustment would occur on April 1, 2010. Amends § 58.1-2217, § 58.1-2249, § 58.1-2701, § 58.1-2706, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2009Prefiled and ordered printed; offered 01/14/09 096725232
01/13/2009Referred to Committee on Finance
01/22/2009Impact statement from DPB (SB1041)
02/02/2009Impact statement from DPB (SB1041)
02/11/2009Left in Finance