Vetoed by Governor Bob McDonnell

Vote Smart's Synopsis:

Vote to adopt a conference report that amends the tax code to appropriate money for transportation, effective July 1, 2013.

Highlights:

• Amends the gasoline and diesel tax from 17.5 cents-per-gallon to the following rates beginning July 1, 2013 (Sec. 1):
• 3.5 percent of the statewide average wholesale price of a gallon of self-serve unleaded regular gasoline; and
• 6 percent of the statewide average wholesale price of a gallon of self-serve diesel.

• Increases the gasoline tax rate from 3.5 to 5.1 percent beginning January 1, 2015 if the federal government has not enacted legislation that authorizes Virginia to require remote sellers to collect state and local retail sales and use taxes (Sec. 2).

• Requires the “statewide average wholesale price” of a gallon of gasoline and diesel to be determined using the period of December 1 through May 31 as the base period (Sec. 1).

• Increases the state sales tax from 4 to 4.3 percent and appropriates the revenues from the increase as follows (Sec. 1):
• 0.175 percent to the Highway Maintenance and Operating Fund;
• 0.05 percent to the Intercity Passenger Rail Operating and Capital Fund; and
• 0.075 percent to the Commonwealth Mass Transit Fund.

• Increases the tax on the sale of a motor vehicle from 3 percent to the following rates (Sec. 1):
• 4 percent beginning July 1, 2013;
• 4.1 percent beginning July 1, 2014;
• 4.2 percent beginning July 1, 2015; and
• 4.3 percent beginning July 1, 2016.

• Increases from $50 to $100 the annual vehicle registration fee on an electric motor vehicle and expands the registration fee to include hybrid vehicles and alternative fuel vehicles (Sec. 1).

• Requires the cities and counties covered by the Hampton Roads Region to increase certain taxes and appropriates the funds to the Hampton Roads Transportation Fund (Sec. 1):
• Increase the retail sales tax by 0.7 percent; and
• Increase the wholesale motor fuel tax by 2.1 percent.

• Requires the cities and counties covered by the Northern Virginia Transportation Authority to increase certain taxes and appropriates the funds to the Northern Virginia Transportation Authority Fund (Sec. 1):
• Increase the retail sales tax by 0.7 percent;
• Increase the home sales tax by 0.25 percent; and
• Increase the state transient occupancy tax by 3 percent.

• Appropriates $100 million for each fiscal year 2014 through 2016 to the Dulles Corridor Metrorail Extension Project (Sec. 6).

• Prohibits a toll on Interstate 95 South of Fredericksburg without the approval of the General Assembly (Sec. 11).

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a conference report that amends the tax code to appropriate money for transportation, effective July 1, 2013.

Highlights:

• Amends the gasoline and diesel tax from 17.5 cents-per-gallon to the following rates beginning July 1, 2013 (Sec. 1):
• 3.5 percent of the statewide average wholesale price of a gallon of self-serve unleaded regular gasoline; and
• 6 percent of the statewide average wholesale price of a gallon of self-serve diesel.

• Increases the gasoline tax rate from 3.5 to 5.1 percent beginning January 1, 2015 if the federal government has not enacted legislation that authorizes Virginia to require remote sellers to collect state and local retail sales and use taxes (Sec. 2).

• Requires the “statewide average wholesale price” of a gallon of gasoline and diesel to be determined using the period of December 1 through May 31 as the base period (Sec. 1).

• Increases the state sales tax from 4 to 4.3 percent and appropriates the revenues from the increase as follows (Sec. 1):
• 0.175 percent to the Highway Maintenance and Operating Fund;
• 0.05 percent to the Intercity Passenger Rail Operating and Capital Fund; and
• 0.075 percent to the Commonwealth Mass Transit Fund.

• Increases the tax on the sale of a motor vehicle from 3 percent to the following rates (Sec. 1):
• 4 percent beginning July 1, 2013;
• 4.1 percent beginning July 1, 2014;
• 4.2 percent beginning July 1, 2015; and
• 4.3 percent beginning July 1, 2016.

• Increases from $50 to $100 the annual vehicle registration fee on an electric motor vehicle and expands the registration fee to include hybrid vehicles and alternative fuel vehicles (Sec. 1).

• Requires the cities and counties covered by the Hampton Roads Region to increase certain taxes and appropriates the funds to the Hampton Roads Transportation Fund (Sec. 1):
• Increase the retail sales tax by 0.7 percent; and
• Increase the wholesale motor fuel tax by 2.1 percent.

• Requires the cities and counties covered by the Northern Virginia Transportation Authority to increase certain taxes and appropriates the funds to the Northern Virginia Transportation Authority Fund (Sec. 1):
• Increase the retail sales tax by 0.7 percent;
• Increase the home sales tax by 0.25 percent; and
• Increase the state transient occupancy tax by 3 percent.

• Appropriates $100 million for each fiscal year 2014 through 2016 to the Dulles Corridor Metrorail Extension Project (Sec. 6).

• Prohibits a toll on Interstate 95 South of Fredericksburg without the approval of the General Assembly (Sec. 11).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that amends the tax code to appropriate money to transportation, effective July 1, 2013.

Highlights:

• Increases the gasoline, gasohol, and diesel tax from 17.5 cents-per-gallon to 22.5 cents-per-gallon, effective July 1, 2013 (Sec. 1).

• Establishes an additional tax of 1 percent of the statewide average wholesale price of a gallon of gasoline for gasoline, gasohol, diesel fuel, and alternative fuels (Sec. 1).

• Requires the gasoline tax to be adjusted annually by the rate of inflation as determined by the U.S. Department of Labor’s Producer Price Index for Other Nonresidential Construction (Sec. 1).

• Increases vehicle registration fees by $15 for motor vehicles, trailers, semi-trailers used for transportation of passengers, motor homes, pick-up trucks, and panel trucks (Sec. 1).

• Authorizes cities and counties to establish an additional local sales and use tax of up to 1 percent and specifies that the revenue collected from the tax must be used for transportation (Sec. 1).

• Authorizes the state to establish a tax for remote sellers, the revenues from which are to be distributed as follows (Sec. 1):
• Any state tax revenues shall be transferred to the Transportation Trust Fund; and
• Any local tax revenues shall be transferred to the city or county, with half going to the general fund of the city and the other half to be used for transportation.

• Appropriates the net additional revenues from the increase in vehicle registration fees and an additional 0.05 percent of sales tax revenues as follows (Sec. 1):
• $50 million annually to the Intercity Passenger Rail Operating and Capital Fund;
• $100 million annually to the Commonwealth Mass Transit Fund; and
• Any additional revenues to the Commonwealth Mass Transit Fund.

• Prohibits the collection of tolls on existing interstate highways, except high-occupancy toll lanes and high-occupancy vehicle lanes, without the approval of the General Assembly (Sec. 1).

Full Bill Text