Motor vehicle fuels sales tax in certain transportation districts (HB 699)
Legislative Action Summary
Provides that the tax that is imposed on the sales price of motor fuel in Northern Virginia shall be imposed on the regional price of gas, defined and computed as a six-month average price of fuel. The tax shall not be imposed on a regional price that is less that a gallon of gasoline on February 20, 2013, nor shall it be imposed a price that is more than $4 per gallon. The bill also raises the rate of taxation of motor fuel in Northern Virginia from 2.1% to 3%.
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