Virginia Passes Transportation Bill

The Virginia State Senate passed a transportation bill in the General Assembly last week, allowing counties to enact local sales and income taxes and reducing funds that can be used for transportation from the state's general fund, according to The Fairfax County Times.

Localities would be able to levy local income taxes of between a quarter and one percent. The bill also authorizes a one percent sales tax increase for any county, and an additional half percent sales tax for Northern Virginia counties.

Other revenue-generating provisions include first-time driver's license fees, a one-cent increase in diesel fuel tax and a car rental tax. About $2 billion in bond sales would also be authorized, The Fairfax County Times reports.

For public transit, the bill provides $25 million for Virginia Railway Express, and $50 million for the Washington Metropolitan Area Transit Authority.

A special transportation fund for Northern Virginia would also be created as well as a "commonwealth airport fund," which would partially channel funds toward the Metropolitan Washington Airports Authority.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

Job Finder: Access Top Talent. Fill Key Positions.