Sources of revenue; establishing and adjusting for appropriations of State and its localities. (HB2063)

Introduced By

Del. Tom Rust (R-Herndon)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Establishing and adjusting sources of revenues for appropriations of the Commonwealth. Makes several changes to sources of revenue of the Commonwealth as follows: 

Establishes a 5% tax on motor fuels sales based on the statewide average wholesale price of a gallon of self-serve unleaded regular gasoline. The revenues would be distributed to the Highway Maintenance and Operating Fund, the Transportation Trust Fund, the Intercity Passenger Rail Operating and Capital Fund, and the localities to be used for transportation purposes; 

Increases the additional registration fee on electric vehicles from $50 to $102 and requires hybrid electric motor vehicles registered in the Commonwealth to pay this fee. However, owners of hybrid electric motor vehicles registered in the Commonwealth would be eligible for a refund of the new 5% tax on motor fuel sales; 

Repeals income tax credits for vehicle emissions testing equipment effective for taxable years beginning on or after January 1, 2013; 

Authorizes planning district commissions to be eligible to receive revenues to be used solely for transportation purposes within the planning district. The revenues would be generated by an additional 0.5% state sales and use tax and an additional state recordation tax of 15 cents per $100 in the localities located in the planning district commission. In order to be eligible, the planning district commission must determine, in order of priority, a list of 10 transportation projects that it would like to fund with the revenues. Additionally, the governing bodies of the localities representing at least a majority of the residents within the planning district commission must pass a resolution in support of the generation of such revenues. After these requirements have been met, the General Assembly must specifically authorize the imposition of such taxes in the localities in the planning district commission during the next session of the General Assembly. If the revenues are authorized, then, if applicable, a locality would no longer be authorized to impose a local income tax. Read the Bill »


Bill Has Failed


01/09/2013Prefiled and ordered printed; offered 01/09/13 13103295D
01/09/2013Referred to Committee on Finance
01/22/2013Impact statement from DPB (HB2063)
01/23/2013Tabled in Finance