State sales & use tax revenue; dedicates portion for transportation projects in Hampton Roads, etc. (SB1394)

Introduced By

Sen. Jeff McWaters (R-Virginia Beach)

Progress

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

Description

Sales and use tax revenue dedication; transportation in Northern Virginia and Hampton Roads. Dedicates a portion of state sales and use tax revenue for transportation projects in Northern Virginia and Hampton Roads equivalent to a one quarter percent sales and use tax rate in the localities in Northern Virginia and the localities in Hampton Roads, with the amount for each region calculated separately. The amounts calculated for Northern Virginia and Hampton Roads are transferred to the Northern Virginia Transportation Authority and the Hampton Roads Transportation Planning Organization, respectively, to be used solely for projects in the Commonwealth Transportation Board%92s Six-Year Improvement Program. Read the Bill »

Status

02/01/2011: Failed to Pass in Committee

History

DateAction
01/17/2011Presented and ordered printed 11104019D
01/17/2011Referred to Committee on Finance
01/23/2011Impact statement from TAX (SB1394)
02/01/2011Passed by indefinitely in Finance (13-Y 1-N) (see vote tally)

Comments

Hampton Roads Partnership, tracking this bill in Photosynthesis, notes:

Track for Caucus

Tom Elliott writes:

I agree with Rev Smith's assessment of the impact of this bill on the education and other general Funds portion of the budget. Transportation needs to be addressed but not in a piecemeal fashion and to the detriment of neds of education and public safety.

Doug Smith writes:

Video from the committee.

Doug Smith writes:

Part I
http://www.youtube.com/watch?v=BhhV-Yq_H5k

Part II
http://www.youtube.com/watch?v=OmfgJXx-NRg