Mandate 697
Mandate Information | |||
---|---|---|---|
Mandate Title:
Revenues and appropriations of State; changes to revenues collected and distribution, report.
|
|||
Purpose of legislation
Makes several changes to the revenues collected by the Commonwealth, and the distribution of such revenues, primarily for the benefit of transportation. The changes include: Eliminates the $0.175 per gallon tax on motor fuels, and replaces it with a percentage-based tax of 3.5% for gasoline and 6% for diesel fuel. The bill provides for a refund of an amount equal to a 2.5% tax paid on diesel fuel for passenger cars, pickup or panel trucks, and trucks having a gross vehicle weight rating of 10,000 pounds or less, etc.
|
|||
Legislation mandating a change | Chap 766 (2013) | ||
VAC chapters to be amended |
23 vac 10 - 210 : Retail Sales and Use Tax
|
||
Associated Regulatory Actions |
|
||