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2014 Special Session I

Budget Bill - HB5001 (Introduced)

Department of Motor Vehicles Transfer Payments

Item 439

Item 439 (Not set out)

First Year - FY2013Second Year - FY2014
Financial Assistance to Localities - General (72800)$20,891,500$85,691,500
Financial Assistance to Localities - Mobile Home Tax (72803)FY2013 $5,500,000FY2014 $5,500,000
Financial Assistance to Localities - Rental Vehicle Tax (72810)FY2013 $15,000,000FY2014 $0
Financial Assistance to Localities for the Disposal of Abandoned Vehicles (72814)FY2013 $391,500FY2014 $391,500
Distribution of Sales Tax on Fuel in Certain Transportation Districts (72815)FY2013 $0FY2014 $79,800,000
Fund Sources:  
Commonwealth TransportationFY2013 $391,500FY2014 $391,500
Trust and AgencyFY2013 $20,500,000FY2014 $5,500,000
Dedicated Special RevenueFY2013 $0FY2014 $79,800,000

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


Funds collected pursuant to § 58.1-2291 et seq., Code of Virginia, from the additional sales tax on fuel in certain transportation districts under § 58.1-2291 et seq., Code of Virginia, shall be returned to the respective commissions in amounts equivalent to the shares collected in the respective member jurisdictions.