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2010 Session

Budget Bill - HB30 (Chapter 874)

Department of Motor Vehicles Transfer Payments

Item 445

Item 445

First Year - FY2011Second Year - FY2012
Financial Assistance to Localities - General (72800)$38,891,500$38,891,500
Financial Assistance to Localities - Mobile Home Tax (72803)FY2011 $5,500,000FY2012 $5,500,000
Financial Assistance to Localities - Rental Vehicle Tax (72810)FY2011 $33,000,000FY2012 $33,000,000
Financial Assistance to Localities for the Disposal of Abandoned Vehicles (72814)FY2011 $391,500FY2012 $391,500
Fund Sources:  
Commonwealth TransportationFY2011 $391,500FY2012 $391,500
Trust and AgencyFY2011 $38,500,000FY2012 $38,500,000

Authority: §§ 46.2-416, 58.1-2402, and 58.1-2425, and 46.2-1200 through 46.2-1208, Code of Virginia.


A.  The Department of Motor Vehicles Transfer Payments is authorized to reduce payments to localities under the Mobile Home Tax and Rental Vehicle Tax Programs to effect the cash transfers of administrative costs included in § 3-1.01 of this act.


B.  The Department of Motor Vehicles Transfer Payments is authorized to reduce payments to localities under the Mobile Home Tax Program to the extent necessary to effect the transfer included in § 3-1.01 CC.1. of this act.