2008 Session

Budget Amendments - HB30 (Conference Report)

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NVTC 2% Gas Tax Appropriation

Item 264 #2c

Item 264 #2c

First Year - FY2009 Second Year - FY2010
Accounts Transfer Payments, Department of FY2009 $68,905,825 FY2010 $74,713,852 NGF

Page 230, line 3, strike "$46,563,000" and insert "$115,468,825".
Page 230, line 3, strike "$46,563,000" and insert "$121,276,852".
Page 231, after line 3, insert:
"D.  There is hereby appropriated for payment to the Northern Virginia Transportation Commission and the Potomac Rappahannock Transportation Commission a sum sufficient amount of nongeneral fund revenues estimated at $68,905,825 in the first year and $74,713,852 in the second year equal to the revenues collected pursuant to § 58.1-1720 et seq., Code of Virginia, from the additional sales tax on fuel in certain transportation districts under § 58.1-1720 et seq., Code of Virginia.  Such funds shall be returned to the respective Commissions in amounts equivalent to the shares collected in the respective member jurisdictions."

(This amendment appropriates the revenues generated by the additional two percent sales tax on gasoline that has been in effect since 1984. This state-imposed tax has been consistently been used, as intended, to support transportation improvements in the member jurisdictions but has not been accompanied by an express appropriation in the appropriation act.)